AI Stock Palantir Gets Upgraded Outlook to $18

Not so fast says our AI investing software… [TradeSmith Daily]( AI Stock Palantir Gets Upgraded Outlook to $18 When it comes to your money, artificial intelligence (AI) can pack a punch in two ways. You can invest “in” AI — finding companies that are winning the “dash for cash” because they built their businesses around the revolutionary technology. And you can invest “with” AI — using that tech to find the “right stocks” at the right price at the exact right time. And thanks to our own AI-enhanced analytics, [TradeSmith is one of the few companies that can help you do both](. And we’re going to help you do both here today. With a stock. And with a strategy. RECOMMENDED LINK [What price will TSLA, NVDA, and AAPL be in a month?]( TradeSmith, one of the world’s most cutting-edge financial tech companies, just launched a breakthrough, new A.I. algorithm called An-E... and showed many of its past predictions and just how accurate they were (often precise to within a tenth of a percent). The company also showed what An-E's predictions were for three of the most widely held stocks on the market one-month into the future. [You can see what those predictions are by going here]( Investing in AI Stocks Let’s start with the stock. A company called Palantir Technologies Inc. (PLTR). Palantir is a Big Data analytics company. And its corporate tagline “AI-powered operations, for every decision” — says it all. For example, Palantir’s technology was deployed at the Agua Nueva Water Reclamation Site in Arizona to provide better insight into the plant’s operations. Situated in the Sonoran Desert — one of the hottest deserts in North America — the plant literally delivers “new water” (Agua Nueva) to that arid community. And Palantir delivered, including: - A 20% increase in power savings. - A drop in operational fines. - And a hefty reduction in greenhouse gas emissions. Palantir is also known for its strong rapport with the United States military, policymaking, and intelligence agencies. And on Monday, Palantir’s shares jumped more than 4% after a price target upgrade from BofA Securities analyst Mariana Perez Mora. In her research note to clients, Perez Mora characterized Palantir as a “pick-and-shovel” player in the AI arena. “Most of the corporations eager to use generative AI have compliance, regulatory, ethical, legal, privacy rights, data security, and accountability/oversight requirements,” Perez Mora wrote. “From its experience working with the government and highly regulated industries, [Palantir] has already developed and implemented the architectural design that supports generative AI in a compliant and private world.” She upgraded her price target from $13 to $18 for PLTR. The stock is trading above $16 this week — meaning there’s 12% in upside if it hits her target. And, with a longer-term outlook — as a company that’s already monetizing AI — there could be bigger gains. But, before racing out to buy Palantir, remember that I said successful investing means you need to invest with AI to find the best ways to invest in AI — and to dodge mistakes. We can do that with our intelligent-investing system — an algorithm we’ve nicknamed An-E. RECOMMENDED LINK [Is THIS What’s Wrong in America Right Now?]( If you have the nagging feeling that something has gone very wrong in America today... You’ll want to see [this new briefing from one of America’s most famous investors]( who’s been featured on 60 Minutes and CNBC, among many others. In short... A unique address next to Manhattan’s Central Park holds a powerful secret of the 1%... And this well-known investor — CNBC called him “The Prophet” — is pulling back the curtain to show you how to harness it yourself... to potentially make a heck of a lot of money in the next few years. [Click here to watch Lockout now]( Palantir Meets An-E Imagine two scenarios. In the first, you look at a stock and know, with a high degree of certainty, that it’ll be 15% higher a month from now. In the second, you look at a different stock and know that it’s going to take a 15% haircut sometime in the next month. You’d buy the first stock, knowing a profit is headed your way. And you’d avoid the second, feeling sanguine having evaded a painful-and-costly loss. Imagine no longer. Both those opportunities are here. Now. With incredible computing power and AI at our fingertips, the TradeSmith team embarked on the most important research project in our company’s history… one designed to ramp up your gains on stocks — while slashing the potential for risk and mistakes. We call this incredible system An-E. And running Palantir through An-E, we came away with a fascinating discovery. While Wall Street is impressed with Palantir, An-E is not. At least, not over the next month — where our tools don’t see the upside: PLTR may be on a run that sent the stock price too high and too fast, as An-E sees the stock trading at $14.55 by July 11. Instead of the 12% upside we talked about earlier, An-E sees a 7% drop (from the time it made its prediction at $15.65 per share). I grant you, Palantir could be a good investment for someone with a long-term outlook. But long-term time frames also connote uncertainty. That’s the power we bring. With a short-term outlook, this can be a signal that now is not the time to invest in Palantir and can help save you from making an emotionally based investing decision. The classic trap most retail investors fall into is buying high and selling low after they see something like Palantir climb over 4% in a day and “chase” a stock because they fear missing out on further gains. Then, the stock has a bit of a pullback and retail investors panic sell and lose money. With An-E, you’re able to see these projected pullbacks and wait for a potentially more opportune time to invest. [To learn about putting An-E to work for you immediately, more information can be found here.]( Enjoy your Wednesday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [2023 Electric Vehicle Investing Guide]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Customer Service Request](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. 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