Here's When I Would Buy the Dip on Palantir's Stock

Palantir (NASDAQ: PLTR) stock hasn't been immune to the broad stock market sell-off over the past few weeks. Although stocks got a nice bump on Wednesday, Palantir is still down around 25% from its all-time high. With the stock down that much, many investors are likely wondering if right now is a prime opportunity to pick up some shares. However, I don't think the stock price has dropped low enough, as there are still extreme expectations built into Palantir's stock. I've got a particular dollar figure in mind for when I'd be a buyer of Palanatir stock, and the number might shock you.Palantir has risen to the top of the list of artificial intelligence (AI) investment ideas because it is one of the few companies that is essentially a pure-play AI investment. Its AI-driven data analytics software program has been around for much longer than many other companies in its space, which also gives it more credibility. As another bonus, Palantir's largest customers are various governments around the globe. This is a great client base to have, as there aren't many companies that provide software solutions specifically meant for government applications. Government growth has been nearly the same as commercial sector growth, so this dual growth path has been a huge boost for Palantir.Continue reading

Apr 14, 2025 - 13:20

Here's When I Would Buy the Dip on Palantir's Stock

Palantir (NASDAQ: PLTR) stock hasn't been immune to the broad stock market sell-off over the past few weeks. Although stocks got a nice bump on Wednesday, Palantir is still down around 25% from its all-time high.

With the stock down that much, many investors are likely wondering if right now is a prime opportunity to pick up some shares. However, I don't think the stock price has dropped low enough, as there are still extreme expectations built into Palantir's stock. I've got a particular dollar figure in mind for when I'd be a buyer of Palanatir stock, and the number might shock you.

Palantir has risen to the top of the list of artificial intelligence (AI) investment ideas because it is one of the few companies that is essentially a pure-play AI investment. Its AI-driven data analytics software program has been around for much longer than many other companies in its space, which also gives it more credibility. As another bonus, Palantir's largest customers are various governments around the globe. This is a great client base to have, as there aren't many companies that provide software solutions specifically meant for government applications. Government growth has been nearly the same as commercial sector growth, so this dual growth path has been a huge boost for Palantir.