© 1998 – 2021 The Motley Fool. Palantir Technologies shares up 4% on Thursday. Palantir Technologies gets another investment from fund manager Cathie Wood's Ark. At Wednesday's closing price of $23.59, the shares were worth roughly $62.7 million. What's more, we firmly believe there's still plenty of upside in its future. Palantir Technologies. And right now, we're giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his select team of expert analysts at The Motley Fool UK have just revealed 6 "Best Buy" shares that they believe UK investors should consider buying NOW. If you’re aiming to get your finances on track and you’re in or near retirement, then here’s your chance to claim a FREE copy of an exceptional investing report featuring 5 stocks that The Motley Fool UK is expressly recommending for INVESTORS aged 50 and OVER to consider investing in! The Motley Fool UK owns shares of and has recommended Tesla. It has been battered by poor earnings and the tech sell-off. The FinecoBank* Multi-Currency Trading Account offers UK investors highly competitive share-dealing rates across 26 global markets. Business Insider - Cathie Wood's ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW) picked up a combined 2,658,800 shares of Palantir on Wednesday amid falling share prices. This little-known State Pension rule change could halve your retirement income overnight, 4 things within your control that can make or break your retirement dreams, Free Report: 5 Stocks For Trying To Build Wealth After 50, 4 cheap UK shares I’d buy before the ISA deadline. The price-to-sales ratio for FY2021 is about twice that of Tesla. Cathie Wood’s ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW) picked up a combined 2,658,800 shares of Palantir on Wednesday amid falling share prices. Secondly, Palantir has posted its fourth-quarter and full-year results. Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years. So if you’re looking for more top stock ideas to try and best position your portfolio in this market, then I have some good news for your today -- because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee. We may also publish information about consumer credit, loan, mortgage, insurance, savings and investment products and services, including those of our affiliate partners. Is Now The Time To Buy Stock In Xpeng, Palantir, GE Or GameStop? Click here for The Motley Fool UK’s resources on Coronavirus and the market. This is what I’d do now. Why has the Scottish Mortgage share price crashed? These showed it’s continuing to grow at a rapid rate. Weighing everything up, I’m going to keep this Cathie Wood stock on my watchlist for now. Two of Cathie Woods Ark ETFs bought over 3 million shares of Palantir Technologies Inc. (NYSE: PLTR). PLTR shares boosted by another Cathie Wood ARK Invest purchase. Wood’s purchases included about two million shares for her flagship ETF, ARK Innovation, and about 650,000 in her ARK Next Generation Internet ETF. However, it … Since I last covered Palantir stock, there have been several interesting developments. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. To get the full research report for FREE, simply click the button below to get the full details sent straight to your inbox. Should you require advice you should speak to a qualified financial adviser. At Wednesday's closing price of $23.59, the shares were worth roughly $62.7 million. Cathie Wood said that Ark bought a combined 2.65 million shares of Palantir - Get Report. What Happened: On Friday, Cathie Wood added 1,025,700 shares of Palantir to the Ark Next Generation Internet ETF (NYSE: ARKW). Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors. Recently, she added Palantir stock to her holdings. 3 Big Stories to Watch. Cathie Wood's ARK bought about 1.56 million more shares of Palantir (NYSE: PLTR) through the ARKW fund yesterday.This brings the funds stake to 4,040,066 shares. Foregoing short term profits for long term growth - hall mark traits of a stock that goes parabolic over 3 years. Cathie Wood's ARK Innovation ETF and ARK Next Generation Internet ETF added 2.6 million shares of Palantir on Wednesday. This is a stock I covered in November. Cathie Wood made some more moves in tech for her Ark Invest portfolio on Friday. To help you make a good choice, our sister site - MyWalletHero, has reviewed and ranked some of the UK's top share dealing brokers. No liability is accepted by the author, The Motley Fool Ltd or its Officers, or Richdale Brokers and Financial Services Ltd or its Officers, for any investment loss, or any other loss or detriment experienced by any individual for any investment decision, whether consequent to, or in any way related to this content, the provision of which is an unregulated activity. ARK Invest portfolio manager Cathie Wood is one of the biggest names in investing right now. Recently, Wood bought data analytics company Palantir Technologies (NYSE: PLTR) for her ARK portfolios. ARK Invest Cathie Wood's ARK Innovation ETF and ARK… Cathie Wood said she was "very comfortable", US stock futures mixed after tech stages biggest rally since November - with all eyes on inflation data », Bitcoin climbs back above $55,000 as rally extends into 4th day », Why Palantir’s Drop Depends on the Nasdaq Bearish Sentiment. The Motley Fool UK owns shares of Palantir Technologies Inc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Please refer to FOS and FSCS for up-to-date information, including eligibility criteria. RISK WARNINGS AND DISCLAIMERS If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser. The move continues a trend of buying the dip in big tech names for ETFs run by the famed fund manager. The move made Palantir the 37th largest … NYSE:PLTR shares are strong on Thursday as Cathie Wood ARK Invest buys more. Are these 2 of the best cheap FTSE 100 shares to buy before the ISA deadline? Palantir Technologies Inc. is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. Finally, PLTR stock is also currently one of the most discussed stocks on Reddit’s WallStreetBets. Use promo code FIN100-ML today and enjoy up to 100 free trades within your first three months! Palantir is operating in a young sector, the company is able to get a very big market share. At Wednesday's closing price the shares were worth over $62.7 million. However, I am concerned by the valuation, analyst sentiment, and insider selling. Why I’d ignore the Argo Blockchain share price and buy other UK shares, FTSE 100 watch: 2 UK shares I’d buy before the ISA deadline, FTSE 100: why I’d forget the Lloyds and Cineworld share prices and buy these UK shares, Extreme Opportunities UK: Next-Gen Supercycle, UK: Freelance Credit Card / Personal Finance Writer, A Top Small-Cap Stock from The Motley Fool UK. submitted by /u/internet_tycoon [link] [comments] Stocks. Second Sight Medical Products (EYES) shares rise 1,000%. Disclaimer | $500 a share by 2024 © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Simply enter your email address below to discover how you can take advantage of this. I'm sure you'll agree that's quite the statement from Motley Fool Co-Founder Tom Gardner. Find an investing service that’s right for you! Of the eight brokers covering the stock, two rate it as a ‘sell’ and two rate it as a ‘strong sell.’ It’s not often you see that kind of bearish sentiment. At its current share price of $29, Palantir has a market-cap of about $50bn. Important information and risk disclaimer: The value of shares and any income produced can fall as well as rise, and you may get back less than you invest. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit! The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. Edward Sheldon has no position in any shares mentioned. I (update), Implied Volatility Surging for Palantir Technologies (PLTR) Stock Options, Palantir falls, extending slide to over 45% since hitting a record-high share price in January. Company No: 3736872. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Let’s conquer your financial goals together… faster! A couple of the ARK exchange-traded funds run by ETF star Cathie Wood made huge purchases on Wednesday. Wood has been using the recent tech rout to 'buy the dip' in many of her favorite names. Edward Sheldon, CFA | Monday, 22nd February, 2021 | More on: PLTR. The move continues a trend of buying the dip in big tech names for ETFs run by the famed fund manager. Any opinions expressed are the opinions of the author only. Made In NYC | Investment career. Cathie Wood is the CEO and Chief Investment Officer of ARK Invest, which manages three of the highest performing equity ETFs of the past three years. MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. It also recently  partnered with IBM to help businesses deploy AI applications. That’s slightly concerning, in my view. What Happened: On Friday, Cathie Wood added 1,025,700 shares of Palantir to the Ark Next Generation Internet ETF (NYSE: ARKW). Some analysts are concerned about the losses the company is generating. All things considered, I think there are other growth stocks that are a better fit for my portfolio right now. Cathie Wood's ARK Investment added nearly 2.7 million shares of Palantir (NYSE: PLTR) on Wednesday as well as adding to recent SPAC deals Butterfly Network (NYSE: … ARK Invest portfolio manager Cathie Wood is one of the biggest names in investing right now. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making an investment decision. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. Palantir shares are a retail favourite with a … The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc. Tullow Oil’s share price rises after FY results. The first is the valuation. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!). Analysts, led by Christopher D. Merwin, CFA, argued Palantir now has a clear path to "sustainable growth" as the company continues to win contracts for their Foundry, Gotham, and Apollo software. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The fund manager known as 'money tree' doubled down on her Tesla bet (1) (2) amid falling share prices at the EV maker, and now she's taking another bite at Palantir. In this FREE STOCK REPORT, The Motley Fool UK's Managing Director Mark Rogers and his analyst team just revealed what they believe is a "Top Growth Share" that they think savvy investors should buy today, while they still can. ET on Thursday. Cathie Wood’s flagship exchange-traded fund extended its decline as a sell-off resumed in the most speculative corners of the stock market. Data shows that on 18 February, co-founder and chairman Peter Thiel sold over $500m worth of stock. Registered in England & Wales. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. As a result of her success with Tesla stock and Bitcoin, many investors are watching her moves closely. ARK Invest. Each of these emails will provide a link to unsubscribe from future emails. Looking ahead, the company said it expects Q1 2021 revenue growth of 45% and by more than 30% for the full-year. Palantir Technologies was a big ... With so many investors watching Cathie Wood's investment moves in her red-hot actively managed ETFs, it's … We’ve seen recently that WSB stocks can be highly volatile. Cathie Wood's ARK Innovation ETF and ARK Next Generation Internet ETF added 2.6 million shares of Palantir on Wednesday as prices pulled back. More recently, Palantir announced that it has extended its partnership to support BP in its work towards becoming a net zero company by 2050, or sooner. Palantir represents around 0.50% of … Goldman Sachs upgrades Palantir from Neutral to Buy and ups the price target from $13 to … The Invesco QQQ Trust Series 1 ETF, which tracks tech names in the Nasdaq, has fallen nearly 10% since the beginning of February. Palantir faced a 6-working day dropping streak during the week after it posted a surprise earnings loss and a lockup expiration freed 80% of the massive data firm’s inventory to trade publicly. Commerce Policy | You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Recently, Wood bought data analytics company Palantir Technologies for her ARK portfolios.This is a stock I covered in November.With Wood buying in, I feel it’s time to take another … Cathie Wood's ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW) picked up a combined 2,658,800 shares of Palantir on Wednesday amid falling share prices. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. The Motley Fool Ltd. According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…. Palantir represents around 0.50% of … Palantir Technologies Inc. is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. The recent results showed a net loss of $1.2bn for 2020, up from a net loss of $580,000 in 2019. Insider selling is also worth mentioning here. In the same month it also signed a new two-year contract worth up to $31.5m with the UK’s National Health Service. Despite Palantir's recent slide, a number of analysts still believe in the company's prospects. While Palantir (PLTR) has announced many contract wins since coming public, it is the consistent buy of Cathie Wood's Ark Invest that seems to get … Sign up here for our daily newsletter, 10 Things Before the Opening Bell. At Wednesday’s closing price the shares were worth over $62.7 million. Cathie Wood's ARK Invest adds 3.4 million Palantir shares Mar. These kinds of major contracts suggest Palantir has a strong offer. Check them out here. Wood was named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler.
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