Repositioning and Accumulation Strategy for PLTR

2 months ago

Alex

"For me personally, here's where Palanteer goes on my list of stocks to get rich without getting lucky. I still think that Nvidia is the absolute leader of the AI revolution and I don't see that changing now that they're shipping their Blackwell Ultra GPUs with Reuben on the horizon as well as the massive reach of the CUDA ecosystem in data centers and desktops and all the other AI hardware and software platforms they've built on top of it. My plan is to keep dollar cost averaging in slowly, which means I'm buying fewer and fewer shares as the price keeps getting higher. The next time there's a big drop, and there will be a next time I'll average in more aggressively. So, for now, I'm moving Palanteer stock up one spot on my list, right above Google."

The speaker outlines a clear trade strategy for Palanteer (PLTR), emphasizing a long-term accumulation approach despite recent steep gains. He notes that although the stock has surged, he plans to continue buying gradually and increase his position on a dip, positioning PLTR as a key player within the AI revolution.

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