Could This Be a Golden Opportunity to Buy Palantir Stock at Under $170?

2 weeks ago 11

Joey Frenette

Wed, December 3, 2025 astatine 9:18 AM CST 5 min read

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Palantir (PLTR) rebounded to $170 per stock aft concisely falling beneath $155 contempt Michael Burry’s abbreviated position.
Wedbush expert Dan Ives acceptable a $230 terms people for Palantir and predicts the institution volition scope a $1T marketplace headdress eventually.
Palantir’s AI Platform whitethorn beryllium the champion merchandise connected the market.
Some investors get affluent portion others conflict due to the fact that they ne'er learned determination are 2 wholly antithetic strategies to gathering wealth. Don’t marque the aforesaid mistake, learn astir some here.

Buying the dips successful shares of Palantir (NASDAQ:PLTR) has been the astute determination each measurement of the way, arsenic the AI information analytics titan has recovered a mode to defy the doubters and soar higher conscionable astir each time. And portion buying the dip successful immoderate difficult-to-value, seemingly costly hyper-growth AI banal has been scary to do, it has arguably ne'er been arsenic scary to prime up arsenic close now. Why?

Dr. Michael Burry of Big Short fame announced bearish positions connected the company. And by means of his Substack, Cassandra Unchained, the antheral has a reasonably large microphone to speech down his position. Undoubtedly, if the abbreviated stake against shares of Palantir wasn't enough, possibly it's a dependable watercourse of commentary that could enactment arsenic a large thorn successful the broadside of 1 of the biggest AI bundle winners successful the marketplace implicit these past fewer years.

While Dr. Burry's abbreviated has seemingly enactment a dent successful the stock, it seems similar the sanction isn't astir to rollover successful immoderate benignant of "AI bubble" burst scenario, astatine slightest not rather yet. With Palantir shares precocious ricocheting backmost to $170 per stock aft concisely dipping beneath the $155 per-share mark, it seems similar the monolithic AI victor mightiness conscionable person what it takes to propulsion disconnected much wins for investors consenting to bent on.

Though going against Dr. Burry and the callers who reason for an AI bubble bust (indeed, determination are galore these days) seems similar an unwise move, it is the contrarian stance close now. And fixed however small has changed astir Palantir since earlier shares reported those unthinkable quarterly results, possibly it makes consciousness to perceive to the bulls who've stuck by the sanction done heavy and thin. In a anterior piece, I noted the anticipation that investors were getting Palantir's fantastic net "for free" aft the antagonistic post-result enactment successful the stock.

Some of the bigger bulls connected Wall Street, specified arsenic Wedbush Securities' Dan Ives, dependable similar they couldn't beryllium bothered by immoderate of the things that person made Palantir shareholders a spot much tense successful caller weeks.