PLTR. In an opposite sense, any news re the upside being experienced by this company over the course of the last 2 weeks. I did see a target price of $29 recently but everything I've heard is that the company's forecast was ok (nothing special), I've heard many analysts reiterate that the companies stock was overvalued, ...
Would you be a buyer for either of the above at current prices? If not, would you wait for a better price? Thanks.
There has been no real news on CNR, but there are negotiations between it and its unions, and some investors may be concerned about possible labour strife. PLTR meanwhile is getting some traction as AI-related stocks do well and as noted as gotten new research coverage. It is likely an addition to the S&P 500 index going forward, now that is profitable. Investors either love PLTR or hate it. It is 78X earnings, so certainly not cheap. But it also has lots of cash, has been in data analytics long before it was cool, and is growing fast. PLTR we would consider more risky of the two, but we would still be comfortable buying both today for a long term investor.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in PLTR.