$Palantir Technologies Inc.(PLTR)$ 450 PE....erm it will take 450 yrs for u to break even at current profit and if earnings grow at 30% (quite insane) perpetually, u will break even 11.9years later.
Good luck to u. Historically following some youtuber pumping a stock is the worst thing for u. Bcs they have alr made money at a lower cost avg. Everyone has the same info. If Demand for that stock increase your expected return will decrease.
Just bcs some stock like tesla can reach $400 doesnt mean pltr at $80 is cheap. It doesnt work like that💀💀 genious. It is all about price to earnings. They have 100% correlation in the long term.
To make money💰 u have to be contrarian. Find under the radar undervalued beaten down yet fundamentally strong company. Beaten down in terms of valuation btw. Pltr crashed and is cheapER but is not CHEAP is still expensive af.
If valuation dun matter, then stock is just luck and gambling. Why would shark tank investor care so much abt valuation? THINK!
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