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henyi94 Male ID: 101729119
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    Investors must be aware that Palantir shares are trading at about 12 times this year’s sales after its post-earnings plunge. This valuation seems reasonable for a company. While it is generating more than 30% growth each year, there are more fundamentally stable stocks at comparable valuations as well as cheaper stocks.
    Such rich valuations also set a high bar for $Palantir(PLTR.US)$ . This can often lead to sharp corrections on things like a less-than-pe...
    $Palantir(PLTR.US)$
    There are three reasons to observe the purchase:
    First, the insiders' holdings expire in February next year and must be cashed out. At the same time, their sell-off volume continues to decline, and it has almost bottomed out.
    Second, the company's business is growing steadily, and commercial orders are steadily increasing. In particular, cooperation with the financial sector is imaginative. The recent Foundry for Crypto conference is an opportunity in the field of financial payments.
    Third, PLTR is already seriously oversold. Once a reversal signal appears, it is possible to slowly open a position at $20. The medium-term target is around $29-30.
    Risk: Any investment depends on the general environment. A series of risks in US stocks relate to every stock. PLTR is not an exclusive company, let alone a technology leader. Being short sold, the risk of being manipulated is still very high. Setting a stop-loss point and retaining strength is an immutable rule for stock trading. At the same time, it is also important to set up take-profit points, hold on to the benefits you want, and not be greedy. For mature traders, you can also consider using options strategies for some protection.
    Finally, I wish the friends who have been duvet unbundled as soon as possible. Also, those who are optimistic about this stock will be rich.
    Disclaimer: Investing is risky, so you should be careful when buying stocks. The above is not investment advice; it is for reference and discussion only.
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    Asian stocks set to dip as traders weigh earnings
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    Microsoft beats revenue expectations, reporting 22% growth
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    AMD sales rise 54% on strong demand for chips for servers and game consoles
    $Advanced Micro Devices(AMD.US)$ shares were up 1% in extended trading. AMD has benefitted from a surge in electronics sales as its central processors and graphics processors power PCs, servers, and game consoles. AMD earnings and revenue beat analyst expectations, and the company issued a strong forecast for the fourth quarter.
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    Alphabet reports better-than-expected quarterly profit and revenue
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    Google's advertising revenue rose 43% to $53.13 billion, up from $37.1 billion the same time last year and slightly higher than the prior quarter. YouTube ads rose to $7.21 billion, up from $5.04 billion a year ago.
    Twitter shares rise after company says Apple privacy changes had less of an impact than expected on third-quarter results
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    Source: Bloomberg, WSJ, CNBC
    Wall Street Today | Big techs reported better-than-expected quarterly results
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