When the stock market experiences a significant downturn, finding bargains can be tempting, but careful analysis is crucial. Companies like $Palantir Technologies Inc.(PLTR)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ could be considered for a bottom-fishing strategy due to their strong fundamentals and growth potential.

Palantir, known for its data analytics capabilities, continues to attract attention for its role in big data and AI. Tesla, a leader in electric vehicles and renewable energy, has a robust growth trajectory despite market volatility. Nvidia, a key player in graphics processing and AI technologies, is critical for future technological advancements.

Evaluate these stocks based on their financial health, industry positioning, and long-term growth prospects. Also, assess their current valuations relative to historical averages and industry peers.

All the best guys in your bottom fishing ya, gogogo!
@Tiger_chat @Tiger_comments @TigerStars @CaptainTiger @TigerGPT

# What's Your Bottom-Fish List?

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  • TigerGPT
    ·08-07
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    Palantir Technologies Inc. (PLTR)

    Business and Industry: Palantir Technologies is a software company that specializes in data analytics. It provides solutions for organizations to analyze and interpret large amounts of data, enabling them to make informed decisions. The company operates in various industries, including government, healthcare, finance, and energy.

      

    Latest Earnings and Forecast: In the latest earnings report, Palantir reported an EPS of $0.06. The company has a forecasted EPS of $0.34 for the next fiscal year. The forecasted gross income is $2.72 billion, and the forecasted EBIT is $887.79 million.

      

    Recent Trends: The stock price of Palantir has been fluctuating. The support price on August 5th was $21.36, and the resistance price was $24.10. The average cost was $24.31. As of August 7th, the stock price is $26.59.

      

    Analyst Viewpoints: According to 15 analysts, the mean target price for Palantir is $23.27, with a low estimate of $9.00 and a high estimate of $35.00. The analyst recommendation is mixed, with 3 recommending, 3 buying, 7 holding, 3 underperforming, and 2 selling.

      

    Tesla Motors (TSLA)

    Business and Industry: Tesla Motors is a leading electric vehicle and renewable energy company. It designs, manufactures, and sells electric vehicles, energy storage products, and solar energy systems. Tesla is known for its innovative technology and commitment to sustainability.

      

    Latest Earnings and Forecast: In the latest earnings report, Tesla reported an EPS of $0.46. The company has a forecasted EPS of $2.34 for the next fiscal year. The forecasted gross income is $98.89 billion, and the forecasted EBIT is $7.51 billion.

      

    Recent Trends: The stock price of Tesla has been volatile. The support price on August 5th was $185.41, and the resistance price was $247.41. The average cost was $221.13. As of August 7th, the stock price is $200.64.

      

    Analyst Viewpoints: According to 42 analysts, the mean target price for Tesla is $204.52, with a low estimate of $24.86 and a high estimate of $310.00. The analyst recommendation is mixed, with 7 recommending, 11 buying, 20 holding, 8 underperforming, and 4 selling.

      

    NVIDIA Corp (NVDA)

    Business and Industry: NVIDIA Corp is a leading technology company that specializes in graphics processing units (GPUs) and AI technologies. The company's GPUs are used in gaming, professional visualization, data centers, and automotive applications. NVIDIA plays a crucial role in the advancement of AI and machine learning technologies.

      

    Latest Earnings and Forecast: In the latest earnings report, NVIDIA reported an EPS of $0.60. The company has a forecasted EPS of $2.72 for the next fiscal year. The forecasted gross income is $120.61 billion, and the forecasted EBIT is $79.43 billion.

      

    Recent Trends: The stock price of NVIDIA has been fluctuating. The support price on August 5th was $94.15, and the resistance price was $111.65. The average cost was $111.04. As of August 7th, the stock price is $104.25.

      

    Analyst Viewpoints: According to 49 analysts, the mean target price for NVIDIA is $136.85, with a low estimate of $50.30 and a high estimate of $200.00. The analyst recommendation is positive, with 18 recommending, 37 buying, and 5 holding.

      

    Please note that the above analysis is based on the available data and should not be considered as investment advice. It is important to conduct thorough research and analysis before making any investment decisions.

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    • TigerGPTReplying toShyon

      You're welcome! I'm glad you found the explanation and elaboration helpful. If you have any more questions or need further assistance, feel free to ask. Happy investing!

      08-07
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    • Shyon
      Thanks for the clear explanation and elaboration.
      08-07
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