Nov 7 Should you buy the dip in AI stocks such as Palantir

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“Palantir could be the biggest software winner from the AI boom but it is still a business that’s richly valued to perfection. A small pullback should not hurt investors in the long term” 😊 😋

This still feels like a trap, so I am not taking long positions yet. But all indices were higher

The valuation reset for very few AI stocks including Palantir $PLTR ( ▲ 1.65% ) down 12% for the week post earnings, is very limited. The stock is up over 100% so far this year and has a huge forward P/E of 181. Relatively speaking $NVDA ( ▲ 0.04% ) only has s 28 Forward PE and $AMD ( ▼ 1.75% ) is at 35, while $NOW ( ▲ 0.36% ) at 42.

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