Is PLTR Too Expensive At $28 And Above?

Summary

The Inner Circle show returns for season 2 with a new format featuring daily Tesla and Palantir videos. Despite being on jewelry service, the host aims for daily uploads. Palantir stock has been fluctuating due to macroeconomic factors and institutional ownership increases, signaling confidence in the company's long-term potential. The Oracle partnership expands Palantir's market reach, enhancing its credibility. Meanwhile, competitors like Snowflake face security breaches, highlighting Palantir's robust data security and privacy as a strength, potentially attracting new customers.

Takeaways

• 📈 The Inner Circle show is starting season 2 with a new format of one Tesla video and one Palantir video daily.
• 💍 The host is still on jury service this week and might miss some daily uploads, but will return to regular scheduling soon.
• 📊 Palantir's stock has been performing well despite fluctuating due to macroeconomic factors and specific company developments.
• 🏦 Institutional ownership of Palantir has been rising, with many institutions starting or increasing their positions in the stock.
• 💡 Increased institutional ownership indicates growing confidence in Palantir as a long-term investment.
• 📉 There are concerns about whether Palantir's stock is too expensive currently, but this depends on whether investors see it as a long-term or short-term hold.
• 🤝 Palantir's partnership with Oracle has been strengthened, making Palantir's Foundry and AIP available on Oracle Cloud infrastructure.
• 🌐 The Oracle partnership expands Palantir's market reach, potentially leading to increased sales and revenue.
• 🔐 Palantir's strong reputation for data security and privacy is a significant competitive advantage, especially compared to competitors like Snowflake.
• 💬 Viewers are encouraged to share their thoughts on Palantir's stock price, the Oracle partnership, and their own investment strategies in the comments.

Q & A

What is the new format of the Inner Circle show for season 2?

The new format for season 2 of the Inner Circle show includes one Tesla video and one Palantir video every single day, as opposed to the previous format which had a main show segmented into separate sections.

Why might the host not be able to post videos every day during the week?

The host might not be able to post videos every day during the week because they are on jewelry service and remaining on call, which could require their attention if needed.

What has been happening with Palantir's stock price recently?

Palantir's stock price has been going up and down, but overall, it has been doing quite well. The fluctuations are influenced by macroeconomic factors such as CPI data and FED commentary, as well as Palantir-specific reasons.

What does an increase in institutional ownership of Palantir's stock indicate?

An increase in institutional ownership indicates that more institutions, such as mutual funds and pension funds, are buying Palantir shares, showing increased confidence in Palantir as a long-term investment.

How could institutional investors' trading behavior affect Palantir's stock price?

Some institutional investors might trade Palantir's stock with an expectation of it increasing up to the S&P 500 inclusion, after which they may take profits at the highs and sell out of some of their positions, potentially affecting the stock price.

What are the host's thoughts on whether Palantir's stock is too expensive currently?

The host believes that whether Palantir's stock is too expensive depends on the investor's perspective and time horizon. While it might look expensive in terms of ratios, the underlying business is doing extremely well, and Palantir is positioned for long-term growth in the AI revolution.

What is the significance of the Palantir Oracle deal for Palantir investors?

The Palantir Oracle deal is significant as it expands Palantir's market reach, especially to Oracle's existing customer base of around 430,000 customers globally, potentially leading to increased sales and revenue.

How does the Palantir Oracle partnership aim to benefit enterprises and governments?

The partnership aims to help enterprises and governments accelerate their AI initiatives by leveraging Oracle's cloud and AI infrastructure along with Palantir platforms, providing a comprehensive solution for AI adoption.

What recent event involving Snowflake and AT&T might impact Palantir's competitors?

AT&T suffered a massive hack of customer data, which included records of calls and texts, and the information was illegally downloaded from a workspace on Snowflake's platform. This event might worry investors and customers, potentially leading them to consider other options like Palantir.

How does Palantir's reputation for robust data security and privacy set it apart from competitors?

Palantir's strong reputation for data security and privacy, along with its IL6 certification and experience working with government agencies, positions it as a trustworthy option for customers who prioritize data confidentiality and security.

What is the host's call to action for viewers regarding their Palantir position?

The host encourages viewers to share their thoughts on Palantir's stock price and whether they are still buying, holding, or taking profit, and to comment on the recent developments discussed in the video.