Latest news with #Palantir
Yahoo
an hour ago
- Business
- Yahoo
Jim Cramer Says It's 'Heck of A Lot Easier to Justify Buying' Stocks Like Palantir
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks that Jim Cramer weighed in on. Cramer noted that it is easier to justify buying the stock than many others. He commented: 'Now, you know that acronym that came up with PARC, Palantir, AppLovin, Robinhood, and Coinbase, that's been spot on. Even as I'm not encouraging anyone to buy any of them, I'm simply pointing out that they're straight-up stocks, especially Palantir, which had a bad outing yesterday, but was right back today, flying $5 and 50 cents to about a point below its high. Tonis Valing / Palantir (NASDAQ:PLTR) develops software platforms that help organizations analyze complex data and make operational decisions. The company's products support counterterrorism, enterprise data integration, AI deployment, and real-time software delivery across various environments. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 hours ago
- Business
- Yahoo
Palantir Technologies Inc. (PLTR) Is Driving Efficiency Drive At Defense Contractors
We recently published . Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed. Palantir Technologies Inc. (NASDAQ:PLTR) is a stock frequently discussed by Cramer in his morning show. The shares have gained a whopping 105% year-to-date as the firm remains the only pure-play analytics provider with significant catalysts from cost-cutting initiatives at the US government. Cramer's previous comments about Palantir Technologies Inc. (NASDAQ:PLTR) have seen him proudly claim that he predicted the stock would cross the $100 price mark well before Wall Street analysts. This time, he discussed the firm in the context of a new age of defense contractors springing up and efficiency drives at the old ones: 'But I do think that we're gonna have to start focusing, [inaudible] Palantir. I mean Palantir is behind a lot of the effort to have contractors be competitive.' Copyright: rawpixel / 123RF Stock Photo Earlier, Cramer discussed how he had been bullish on Palantir Technologies Inc. (NASDAQ:PLTR) well before others: 'Remember Palantir, I said at 50 it goes to 100. When it gets to 150, it gets to 200. I'm gonna revise my price target when it gets to 200. Cause it doesn't matter. It doesn't matter, it's got the Rule of 40. It has the messianic CEO. When you bring them in, they make you money. And it has what this market really wants. Which is momentum. While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 hours ago
- Business
- Yahoo
1 Options Trade You Can Use to Protect Historic Gains in Red-Hot Palantir Stock
Let's get one thing straight. I don't know where the stock market is going next. I never do. Because investing in the stock market has never been about guessing which direction it will go next. That's why I love horse racing, because I can bet $1 at a time if I want, and I find out quickly if I was 'right' or not. But the stock market is a much more serious endeavor for most of us. As such, guessing is not a great strategy. Unfortunately, so much of what passes for 'analysis' these days is really just an overwhelming amount of guessing. More News from Barchart Option Volatility And Earnings Report For July 28 – Aug 1 Should You Grab This 'Strong Buy' Semiconductor Stock Ahead of Earnings? Fiserv Stock Gets Pummeled After Earnings - Looks Cheap Here Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. I have always approached investing as a quest to make as much as I can, but without losing very much along the way. That's why risk management is first, second, and third in my top-3 investing tips for myself. And, why when a stock or exchange-traded fund has flown higher, my first instinct is to protect those gains. Sure, we can sell a stock that's up as much as Palantir (PLTR), but that can lead to bigger regrets than holding something that drops 50%. PLTR was trading at $24 a year ago. Now? How about $158 as of Monday morning. What a move! What Happens Now That Palantir Has Notched Historic Gains? PLTR has treated investors very well. But it also had a little 50% 'dip' along the way to where it is now. That was part of the overall market malaise that ran from February to April. Again, rather than predict the future, I always lean toward more of the weight of the evidence, balancing further growth in the stock price with the risk of a major decline. On that latter point, I refer to a 'sustainable' decline, one that doesn't come right back. So with that in mind, let's look at the mighty PLTR, with an eye toward having our cake and eating it too. Because if you rode this one up this far, you probably are not selling it. But you could protect it, while maintaining all or nearly all of your upside potential. Risk management does not have to mean small returns. In fact, it can often lead to higher long-term returns. PLTR has become a nearly $400 billion dollar market cap stock despite producing less than $500 million in net income in 2024. It is all about future growth expectations. As a technician, I let the market and fundamental analysts grapple with that aspect of the stock's attractiveness. But it must be said, a 'normal' version of this table below would have a price-earnings to growth (PEG) Ratio perhaps one-fifth of what it is, and a forward P/E ratio of maybe one-tenth of PLTR's 423x. So this ain't cheap. PLTR Stock Chart Analysis The daily view indicates to me a slowing in momentum, but how could it not after this type of rally? But PLTR is now a striking 50% above its 150-day moving average. Again, not cheap. Still, no breakdown yet. The weekly chart is a parabolic move up… until it isn't. So much of this rally is based on projections into the future, if owners have an itchy trigger finger, this one could come back down to earth very quickly. Or, if a market 'event' occurs. None of this is what I think will happen, because I don't speculate like that. I will protect myself instead. How to Collar Palantir As I've noted before here, the best collars are on volatile stocks and ETFs. PLTR is currently running at an implied volatility level of 48%, which is triple that of the broad stock market. Translation: collaring works well. I'll also note that its IV Rank is 36%, which means PLTR is not close to its lowest volatility level of the past 12 months. That would be an IV Rank of 1%. So that means its collar-ability is not overvalued to me. However, the options will still be expensive, given that absolute volatility level. So in my example, I'm giving it some room, with the put option struck at $140, out to 11/21/25, about 4 months from now. For every 100 shares of PLTR owned, it would cost $11.80 a share, or $1,180 to protect the stock below that $140 level. On the covered call side, this is really where I try to project roughly where I think the stock could go if it continued higher. With PLTR in 'uncharted territory,' that's a tough one. But I know my downside protection is costing me close to $12 a share, so trying to pay for that with a covered call is my goal. Shown here, there are always a lot of choices. The $190 calls would pay for nearly all of the puts, but that creates a range of $140-$190. The stock is at $158, so $32 upside versus $18 downside is less than 2:1. I personally do not own PLTR, but if I did, I'd be looking toward that $200-$220 area. That means a higher hurdle rate to get profitable, but more upside. Because the last thing I'd want to do with a runaway name like this is to cut off a lot of profit potential. Collaring stocks is considered a 'defensive' strategy by many. I'm not part of that 'many,' as I see it and use it as a way to simply place ongoing guardrails around stocks. Because the stock market is not what it used to be, and heroes can fade in a flash. On the date of publication, Rob Isbitts did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Vancouver Sun
9 hours ago
- Business
- Vancouver Sun
Palantir, the AI giant that preaches U.S. dominance
Palo Alto — Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest tech darling — one that doesn't hide its macho, America-first ethos now ascendant in Trump-era tech culture. The company's reach spans the global economy, with banks, hospitals, the U.S. government, and the Israeli military among its ever-expanding client roster. 'We want and need this country to be the strongest, most important country in the world,' Alex Karp, Palantir's CEO, recently declared at a client conference in Palo Alto, California, where AFP was the only media outlet present. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. In armed conflicts — most notably in Ukraine — Palantir's tools help evaluate potential targets in real-time, using multiple sources, including biometric data and intercepted phone calls. 'I'm super proud of… what we do to protect our soldiers… (using our AI) to kill our enemies and scare them, because they know they will be killed,' the graying, curly-haired billionaire continued, wearing a tight white T-shirt. Washington has been filling Palantir's coffers. In the first quarter, the company received $373 million from the U.S. government – a 45 percent jump from the previous year — and it's not all military spending. This spring, federal immigration authorities (ICE) awarded the company a $30 million contract to develop a new platform for tracking deportations and visa overstays. 'Like a drug' The company then secured an investment of nearly $800 million from the U.S. military, adding to the $480 million contract signed in May 2024 for its AI platform supporting the Pentagon's 'Project Maven' target identification program. This marked Palantir's first billion-dollar contract, elevating it alongside government contracting stalwarts like Microsoft and Amazon's AWS. However, financial results 'are not and will never be the ultimate measure of the value, broadly defined, of our business,' Karp wrote in his letter to shareholders in early May, where he tossed in quotes from Saint Augustine, the Bible and Richard Nixon. 'We have grander and more idiosyncratic aims.' Palantir was founded in 2003 by Peter Thiel — Silicon Valley's preeminent conservative — Karp, and others with CIA backing. The company takes its name from the magical seeing stones in Tolkien's 'Lord of the Rings.' 'Young people would say we're like pure drugs — very expensive, highly sought after… that make you stronger and better,' Karp boasted on stage. Palantir's expanding footprint at the highest levels of government has raised eyebrows. Several members of the Trump administration's 'DOGE' cost-cutting commission, originally headed by Elon Musk, came from the company. Recent reports from The New York Times, Wired, and CNN have detailed secret government projects to create, with Palantir's help, a central database combining data from different federal agencies. 'Deeply proud' This development has created 'a lot of concerns about how that information might be used,' warned Elizabeth Laird from the Center for Democracy & Technology. Palantir maintains it isn't building 'surveillance technology' or a 'central database on Americans.' Unlike most traditional Silicon Valley companies that have kept military projects discreet, Palantir now embraces its defense work openly. Sasha Spivak, director of strategy, said that when she joined Palantir ten years ago, the company kept its sense of purpose behind closed doors. 'Today we're not ashamed, we're not afraid, and we're deeply proud of what we do and our clients,' said Spivak. Some employee groups are pushing back. In early May, 13 former Palantir employees published a letter accusing tech giants of helping to 'normalize authoritarianism under the cover of a 'revolution' led by oligarchs.' They argue that by supporting the Trump administration and DOGE, Palantir has betrayed its stated values of ethics, transparency, and defending democracy. 'When I joined the company… there were many smart, motivated people — that's pretty rare,' said one of the letter's signatories, who wishes to remain anonymous, for fear of reprisal. After months of seeking management explanations about Palantir's collaboration with Israel and ICE, several of these employees resigned. 'They said, 'We're a company that's very responsive to employees,' but people asking about Israel were quickly shut down and told, 'That's what we do — if you don't like it, you can leave,'' the former staffer recalled. Jeremy David, co-director of the Health division, plays down the controversies. 'My daily life is more about nurses and doctors who often hate us at first and are very grateful at the end,' he told AFP at the conference. On stage, Joe Bonanno, head of data analysis at Citibank, celebrated how one operation that previously required 'nine days and sometimes 50 people' now 'takes just a few minutes for one person.' 'Like I said, and like Alex said, I came to dominate, crush and annihilate. So if you're JPMorgan, Merrill Lynch, Morgan Stanley, sorry,' he concluded with a broad smile. Some potential clients quietly admit they don't appreciate the war-like rhetoric, but they see no alternative to Palantir's capabilities. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
Edmonton Journal
9 hours ago
- Business
- Edmonton Journal
Palantir, the AI giant that preaches U.S. dominance
Article content Palo Alto — Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest tech darling — one that doesn't hide its macho, America-first ethos now ascendant in Trump-era tech culture. Article content The company's reach spans the global economy, with banks, hospitals, the U.S. government, and the Israeli military among its ever-expanding client roster. Article content Article content Article content 'We want and need this country to be the strongest, most important country in the world,' Alex Karp, Palantir's CEO, recently declared at a client conference in Palo Alto, California, where AFP was the only media outlet present. Article content Article content In armed conflicts — most notably in Ukraine — Palantir's tools help evaluate potential targets in real-time, using multiple sources, including biometric data and intercepted phone calls. Article content 'I'm super proud of… what we do to protect our soldiers… (using our AI) to kill our enemies and scare them, because they know they will be killed,' the graying, curly-haired billionaire continued, wearing a tight white T-shirt. Article content Washington has been filling Palantir's coffers. Article content In the first quarter, the company received $373 million from the U.S. government – a 45 percent jump from the previous year — and it's not all military spending. This spring, federal immigration authorities (ICE) awarded the company a $30 million contract to develop a new platform for tracking deportations and visa overstays. Article content Article content Article content The company then secured an investment of nearly $800 million from the U.S. military, adding to the $480 million contract signed in May 2024 for its AI platform supporting the Pentagon's 'Project Maven' target identification program. Article content This marked Palantir's first billion-dollar contract, elevating it alongside government contracting stalwarts like Microsoft and Amazon's AWS. Article content However, financial results 'are not and will never be the ultimate measure of the value, broadly defined, of our business,' Karp wrote in his letter to shareholders in early May, where he tossed in quotes from Saint Augustine, the Bible and Richard Nixon. Article content 'We have grander and more idiosyncratic aims.' Article content Palantir was founded in 2003 by Peter Thiel — Silicon Valley's preeminent conservative — Karp, and others with CIA backing. The company takes its name from the magical seeing stones in Tolkien's 'Lord of the Rings.'
