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$Phunware (PHUN.US)$ till the sun comes up i’ll be here with u no lie~ no lie~
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$SoFi Technologies (SOFI.US)$ Social Finance Technologies (SOFI) target raised by Morgan Stanley to $25 at Overweight. Stock gapped up 13% on the news and is now trading around $18.50
$Aptiv PLC (APTV.US)$ Aptiv (APTV) target raised by Barclays from $174 to $186 at Overweight. Stock currently around $160
$Citigroup (C.US)$ Citigroup target raised by Jefferies from $81 to $87 at Buy. Stock currently around $72
$HubSpot (HUBS.US)$ HubSpot (HUBS) target raised by Wells Fargo from $675 to $750 at Overweight. Stock currently around $682
$JPMorgan (JPM.US)$ JP Morgan (JPM) target raised by Jefferies from $177 to $198 at Buy. Stock currently around $167
$Netflix (NFLX.US)$ Netflix (NFLX) with two target raises. Stock currently around $627
$Aptiv PLC (APTV.US)$ Aptiv (APTV) target raised by Barclays from $174 to $186 at Overweight. Stock currently around $160
$Citigroup (C.US)$ Citigroup target raised by Jefferies from $81 to $87 at Buy. Stock currently around $72
$HubSpot (HUBS.US)$ HubSpot (HUBS) target raised by Wells Fargo from $675 to $750 at Overweight. Stock currently around $682
$JPMorgan (JPM.US)$ JP Morgan (JPM) target raised by Jefferies from $177 to $198 at Buy. Stock currently around $167
$Netflix (NFLX.US)$ Netflix (NFLX) with two target raises. Stock currently around $627
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$Palantir (PLTR.US)$ think this stock has a strong future but current ups and downs seems to be affected by social media hypes and fuds instead. Planning to buy and hold for the long run.
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$Palantir (PLTR.US)$ Factually, parabolic runs cannot last forever. Trees don’t grow to the sky. Indeed, at some point, every meme stock will fall to its true fundamental value — such is the purpose of efficient markets.
While we debate whether a permanent dislocation to the efficient market hypothesis is possible or not, PLTR stock appears to be a stark example of the market re-rating a company on the basis of its fundamentals.
Indeed, Palantir’s revenue growth is quite notable. The company booked total revenue of $376 million this past quarter. This represented a year-over-year increase of approximately 49%. Additionally, the company added 20 new customers in the second quarter, providing 13% growth on this front.
However, on the bottom line, things aren’t looking so pretty for Palantir. This company has continued to churn losses each and every quarter, making me, and other fundamentals-oriented investors concerned.
While we debate whether a permanent dislocation to the efficient market hypothesis is possible or not, PLTR stock appears to be a stark example of the market re-rating a company on the basis of its fundamentals.
Indeed, Palantir’s revenue growth is quite notable. The company booked total revenue of $376 million this past quarter. This represented a year-over-year increase of approximately 49%. Additionally, the company added 20 new customers in the second quarter, providing 13% growth on this front.
However, on the bottom line, things aren’t looking so pretty for Palantir. This company has continued to churn losses each and every quarter, making me, and other fundamentals-oriented investors concerned.
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