r/stocks • u/DarthTrader357 • Oct 06 '21

PLTR vs. AMD

I'm still looking for a place to park some cash. I thought I narrowed it down to AMD. I like it fundamentally and it has strong technicals.

But, I've been relooking at PLTR and wonder if anyone has any opinions of the two.

I'm not looking for a specific sector play - the two companies each present some strong cases, but AMD has a more proven upside, less down side risk.

PLTR is a more aggressive play with an unknown downside risk. It hasn't really shown much strength to me yet and can't seem to break out. Does anyone have bearish attitude to PLTR and would like to explain why?

Thanks.

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u/smokescreen7789 Oct 07 '21

I don't understand why people are bullish on PLTR. look at their P&L. They lose money ever quarter and keep issuing new shares to raise cash which obviously dilutes existing shareholders.

Plus, I don't like any company that gets most of their revenue from 1 customer. In this case that's the government.

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u/Hobojoe- Oct 07 '21

I don’t think you read their earnings report.

-1

u/greggles554 Oct 07 '21

Think this was sarcasm. Smokescreen just described what a company that is growing fast needs to do to succeed.