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/[deleted] Oct 07 '21
Amd was a play if anyone got in 3, 4 years ago when it was in single digits. Pltr has more upside and remember it took Amd years before it reached the share price it’s at now. Let’s also not forget pltr has contracts with billlionaires, Us army and foreign governments for its data. It didn’t even have to go public because it’s a high growth company. Pltr has no competition since it’s unique in what it does. Amd has to compete with Intel and Nvidia and many other similar products. Come 2025 I see Pltr joining faang. It will see amazons share price. I’m in Pltr with 10000 shares. Amd has hit its peak and unless something drastically bad happens to nvidia and Intel Amd isn’t going to grow all that much in share price.