Reported about 6 hours ago
In a recent discussion, Great Hill Capital's Thomas Hayes recommends selling Palantir Technologies (PLTR) due to its high valuation, over 80 times sales, and aggressive competition in the market. Instead, he advocates buying Albemarle (ALB), a leading lithium producer, citing its strong operating leverage, dividend stability, and anticipated demand growth in energy storage systems. Hayes believes Palantir's stock is overvalued and warns investors of potential risks linked to retail ownership and insider selling.
Source: YAHOO