Buying Palantir on the dip. Beat revenue and raised guidance...down 9%.
I mean 9% off puts it into ridiculous valuation from the previous insane valuation.
Is this like an offdee ranking for stocks?
Insane: Valuation is very rare. Could be a top growth stock, meme stock, or culty SPAC (globally overvalued, the TSLA of stock valuations)
Ridiculous: The hottest stock this quarter, the hottest stock at WSB, the one your Uber driver is asking you about, etc (more retail hyped)
Crazy: One of the hotter stocks this week, the hot new name at the golf club (Wall Street's rising stars). Not your main squeeze, but maybe a short squeeze.
Overvalued: A market beater that had blown the top off but is likely to come back to earth. The float you want but not the moat you need.
A little overweight: Fairly attractive pricing, no major flaws but maybe minor ones (no, I didn't really change this category at all. Lol)
Fairly valued: Starting to be unattractive, but some qualities may work in its favor. Nothing major, but minor downside is more common
Loser: Not attractive. Major flaws start piling up (Bad CEO, market saturation, excessive debt)
Value stock: Unloved name currently. Face planted but could become a winner with a little love. Solid long-term name. Stock you might find on your geriatric online forum. More classically hot. Might work its way onto a todem list.
Value trap: One of the uglier stocks in your portfolio. Oversized position you can't exit. Valuation seems reasonable but no growth prospects.
Pig: Absolutely disgusting and should be avoided at all costz. Young children point and investors look away upon seeing. Not one single redeeming quality. Penny stocks. Bankruptcies waiting to happen. $AMC. $F, per GM.
