In a 30% Drawdown, What's Going On With Palantir Stock?
Werte in diesem Artikel
After the U.S. presidential election, Palantir Technologies (NASDAQ: PLTR) stock soared about 200%. But since hitting its all-time high on Feb. 19, the stock is down over 30%. The artificial intelligence (AI) company is growing quickly, but due to its reliance on government contracts, investors are worried that potential budget cuts at the Department of Defense and other government agencies could hurt the business. Despite the drawdown, Palantir is still valued at over $195 billion.What's going on with Palantir stock? Is now a good time to buy the dip? Let's take a closer look at this software upstart and see how the stock could fit into your portfolio.The Trump administration has come out swinging with its cost-cutting initiatives at the federal government. The focus has now shifted to the Department of Defense and its $850 billion annual budget, one of the government's largest outlays each year. New Secretary of Defense Pete Hegseth said he aims to cut 8% from the defense budget every year for the next five years. That is not a one-time cut of 8% but five consecutive years of cuts.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Ausgewählte Hebelprodukte auf Going
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Going
Der Hebel muss zwischen 2 und 20 liegen
| Name | Hebel | KO | Emittent |
|---|
| Name | Hebel | KO | Emittent |
|---|
Quelle: MotleyFool
Nachrichten zu Palantir
Analysen zu Palantir
Keine Analysen gefunden.