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Barchart
Mark R. Hake, CFA

Palantir Stock Is at 6-Month Lows - Time to Buy PLTR?

Palantir Technologies Inc. (PLTR) stock has dropped to a new 6-month low, which could mean it's time to buy for patient investors. One way to do this, if PLTR keeps falling, is to sell out-of-the-money puts to set a lower buy-in price and get paid while waiting.

PLTR closed down at $128.06 on Friday, April 10. That's below the prior 6-month low of $128.84 on Feb. 28. Earnings are due out on May 4, so PLTR could move higher ahead of its results.

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