PLTR - Palantir Technologies Inc.

He likes the company ('great company, good growth, good moat') but it trades at 240% of intrinsic value, so he refuses to allocate at current prices — 'too expensive for me.'

Host is enthusiastic about AIPCon 11 and the expanded Nvidia partnership — Nvidia (one of the world's largest companies) is deepening its relationship with Palantir, which could act as a sales channel. Notes PLTR down ~2% on the day but sees strong signs for both companies.

Mentioned positively as Nebius's partner for delivering a sovereign AI stack to Palantir customers. The host frames this as a new stack of customers and a validation of Nebius's infrastructure, but does not give a standalone Palantir recommendation.

Host holds Palantir and views the Nebius partnership as a positive validation, though not a game-changer for PLTR. He notes potential near-term pressure from SaaS rotation due to AI models like Astra.

Host describes the price as insane with zero margin of safety, citing roughly 154x earnings and 75x sales. Despite strong growth and a cash-rich balance sheet, paying today's price would deliver only a ~5% expected return under his 10-year assumptions.

Revenue growth exceeding 90% (commercial ~110%), 85% gross margins, net dollar retention at 157%, CEO targeting 115% growth for next 18 months, huge government contracts but still tiny share of Pentagon budget.

Down over 4% amid a 2% software (IGV) selloff, but host notes 'Palantir obviously can go much higher' as part of his draft discussion.

Included in the video chapter 'Top AI Stocks: MU, MSFT, PLTR' but the specific discussion falls in the truncated portion of the transcript.

Noted a strong snap-back rally after a sharp drop, but no explicit position or rating given.

PLTR is listed as a downside momentum watch after a nasty open. If it falls below 16.57, the hosts expect it to continue lower tomorrow.