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Benzinga

Business

Rishabh Mishra

Palantir, IonQ And More Entering Warren Buffett's 'Sweet Zone'? Expert Cites Patience Amid Pullbacks: 'Stocks Almost Always Retest 200-Day Averages'

Warren Buffett IONQ Palantir Nasdaq Shay Boloor IonQ Inc Palantir Technologies Inc PLTR ASTS HOOD

The,Facade,Of,New,York,Stock,Exchange,Building,On,Broad

Investors are closely watching high-flying technology and growth stocks like Palantir Technologies Inc. (NASDAQ: PLTR) and IonQ Inc. (NYSE: IONQ) as they pull back from recent highs, raising the question of whether they are approaching an ideal buying opportunity.

According to Chief Market Strategist at Fututrum Equities, Shay Boloor, patience is paramount, echoing the legendary philosophy of Warren Buffett, as these stocks may have further to fall before reaching a key technical support level.

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