☕ Palantir, now what?

Good morning! 👋 

I noted yesterday morning to the super smart Stuart Varney that I expected very strong numbers from Palantir and that I was still looking for $100 a share.  

I had no idea that it’d happen in less than 24 hours! 🤷🏻‍️ 

Holy smokes might just be the understatement of the year. 

Palantir is trading at $102.70 I type this morning. 

Up ~1,480% from the $6-7 dollar range when I first began to mention it as a once in a lifetime stock on TV and at conferences around the world.  

I hope you got on board. 

You can do the math like I can. 

That’s enough to turn every $1,000 invested back then into $15,800 as of this moment. The S&P 500, by comparison, has turned in 49.90% over the same time frame and would have turned the same $1,000 into $1,499. 

Don’t get me wrong, I am not telling you this to brag – that’s not my style. I could easily have been wrong.  

The point I want to make is that companies like Palantir come along once in a lifetime, maybe a few times in your investing lifespan if you’re lucky… so investing in ‘em is critically important if you want to beat the market.   

Otherwise, buy the indices and call it a day which is just fine, btw. 

Where does Palantir go from here? 

That’s the question this morning. 

I think there’s a good case it runs to $200+ within the next 36 months. Perhaps sooner. 

Which begs the question… sell, trim, buy more? 

There are a lot of choices. 

The naysayers are already out in force saying Palantir’s gonna crash, that it’s vaporware, that valuations can’t sustain it etc.  

Here’s the thing about stocks making new highs. 

They’re not necessarily ripe for a fall nor a pull back like many believe. Both of those things are definitely possibilities short-term but, chances are, because traders want to get their ya-yas out. 

No, what stocks at new highs are really telling you is that they’re winning. 

It’s your job as an investor to pay attention. 

That’s where most people screw up, frankly. 

They want an easy button when there’s no such thing. The choice is unique to you based on your personal risk tolerance, situation, circumstances and objectives… and YOU alone. 

• If you’re going to add to shares, be smart about it. Use tactics like those I share with the One Bar Ahead® Family that constantly help maximize your profit potential but also protect gains you’ve already got on the table and, hopefully, continue to build over time. 
• If you’re going to hold blindly, be smart about it. Prepare mentally for the volatility. Deciding ahead of time is the secret sauce – and perfectly okay, btw. 
• If you’re going to sell or trim shares, be smart about it. Know how much you’re selling, why, and what you’re going to do with the money. Don’t cash out because you get nervous drinking your morning coffee or read some b_____t email from your favorite random social media finfluencer. 
• If you don’t own it but finally want to get on board, be smart about it. Don’t dive in headfirst in the deep end like it’s your buddy’s pool party. This isn’t a YOLO stock. It’s your hard-earned money on the line. Buying a few shares at once will help you gain the confidence needed to stick to your plan and add to your position in the years ahead. 

That’s really the refrain in my brain this morning. 

Be smart about it

Because money without that – the being smart part - is just regret waiting to happen. 

The markets don’t hand out gold stars for enthusiasm. To a point I make so often I risk sounding like a broken record, the markets reward discipline, patience and a plan. 

And now, you have one. 

Karpus maximus! 

Btw, history suggests there are 10 to 15 “Palantir's” out there right now—just floating around in the market, hiding in plain sight. Some are fresh out of the gate, others are quietly maturing, gearing up for their breakout moment. 

The trick? Spotting ‘em before the herd does. 

If you’re looking to take a shot—and I mean a smart, calculated shot, not some wild dart throw in the dark—you might find One Bar Ahead® pretty dang helpful. People tell me regularly that it’s helped ‘em gain the confidence needed to transform their wealth and their lives, something I find humbling as heck. 

Bottom Line 

Most investors fail because they lack the long-term vision to get past short-term chaos. 

Especially when it comes to a stock like Palantir. 

You got this – I promise! 

As always, let’s MAKE it a great day. 

Keith 😀 

PS: Many of you kindly let me know how much you appreciated Bryce in yesterday’s email and wanted to know more. He’s a Dutch Shepherd, a working breed you typically see in military and law enforcement work. They’re very intelligent, super strong and incredibly creative. We rescued Bryce when he was about 2 after he’d been horrifically abused. Now, he’s about 8 or so and a lovable goofball. Super gentle spirit, loyal to a “t” and smiling eyes. Not to mention he can outrun me on a trail any day of the week!