BruceBryant
07-05

Following Alex Karp's positive free cash flow outlook on CNBC, the long-term fair value potential for $Palantir Technologies Inc.(PLTR)$  seems to be expanding. The price action is consolidating after the recent news-driven move.

The fundamentals appear increasingly robust, but it's probably wise to avoid chasing the spike. Letting the market digest the move makes sense. Personally, I'm looking to accumulate on dips toward key moving averages or proven support levels.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment