Followers | 687 |
Posts | 142406 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
Thursday, March 07, 2024 1:00:38 PM
By: Lucas Downey | March 7, 2024
• Palantir Technologies (PLTR) has crushed markets, soaring 52% in 2024. One easily missed reason for the climb is how it’s attracting Big Money activity.
Palantir Stock is Soaring As Volume Rips
Institutional volumes reveal plenty. For 1-year, PLTR has enjoyed heavy Big Money buying, which we believe to be institutional accumulation.
Each green bar signals unusually large volumes in PLTR shares, pushing the stock higher:
Source: www.mapsignals.com
Plenty of industrial names are under accumulation right now. But when you dive into the fundamentals, there’s a powerful tailwind going on with Palantir.
Palantir Fundamental Analysis
Institutional support coupled with a healthy fundamental backdrop makes this company worth investigating. As you can see, PLTR has had positive sales & EPS growth in recent years:
• 3-year sales growth rate (+27.2%)
• 3-year EPS growth rate (+45.8%)
Source: FactSet
EPS is estimated to ramp higher this year by +20.3%.
Now it makes sense why the stock has been powering to new heights. Palantir is gaining due to the forward earnings picture.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long-term.
Palantir has recently been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report only twice. The blue bars below shows when PLTR was a top pick…cutting through the noise.
Source: www.mapsignals.cm
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the superstars. Money flows often reveal tomorrow’s leaders…today.
Palantir Price Prediction
The Palantir rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent PLTR News
- Voyager Space and Palantir Announce Strategic Partnership Leveraging Artificial Intelligence to Drive Innovation in Space Technology • PR Newswire (US) • 06/27/2024 11:00:00 AM
- Starlab Space Announces Strategic Partnership with Palantir Technologies, Inc. • PR Newswire (US) • 06/20/2024 12:00:00 PM
- The Advanced Research Projects Agency for Health (ARPA-H) Partners with Palantir to Accelerate Health Outcomes By Leveraging AI/ML and Data Software Tooling • Business Wire • 06/20/2024 10:59:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/18/2024 08:28:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:34:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:33:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/15/2024 12:06:23 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/15/2024 12:03:59 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:01:31 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:00:19 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 08:21:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:26:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:20:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:18:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:17:17 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:15:46 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/10/2024 09:17:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/08/2024 12:09:26 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/07/2024 08:24:10 PM
- TRM Labs Strengthens U.S. Federal Offerings with FedRAMP® High, IL4, and IL5 Compliance • GlobeNewswire Inc. • 06/06/2024 12:00:00 PM
- Palantir to Unveil New Customers and Product Announcements at AIPCon • Business Wire • 06/05/2024 08:07:00 PM
- Tampa General Hospital Selects Palantir’s AI Software to Power Connected Care Coordination, Extending Long-Term Partnership • Business Wire • 06/05/2024 10:59:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 12:09:50 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 12:08:54 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 06/04/2024 09:27:04 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM