PLTR share price expected to exceed $200 within one year; LEAP options considered attractive.
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I wanted to talk about Palantir and Palantir's LEAP. So, Palantir is much more profitable. This is why the business is valued so highly. Its P/E ratio is very high.
Every dollar they took in has now turned into about $2. Incredible. Large companies and governments pay it every year. Frankly, both businesses are doing very well. The commercial sector is doing very well.
The public sector is also doing very well. They're both doing well, okay? They are both very good.
So, the LEAP option I'm looking at for Palantir is a 160 call option due September 17, 2027, and you know, it's $5,000.
But, what if Palantir goes up a lot and exceeds $200 per share, which I think is not very unlikely in the next 1 year, right?
When I was making the slides it was priced at $175, which is quite surprising because I'm sure it was $20 or $15 more when I saw it yesterday. Anyway, this is a great leap option.
The price of this leap option has probably already increased since I created these slides. By the time I was recording this video, the stock price had risen significantly.
However, I think Palantir's share price will exceed $200 and I think its leap option will be quite attractive.
What this channel has said about $PLTR
Invest with Henry has 4 calls on this stock; only the adjacent ones are shown.