When investing in stocks, it is important to understand how valuation works. You would not buy a house for $1 million if the recent comps for a similar home were $500,000, would you? The same goes for the stock market, and in today's video, I am going to walk you through three stocks that I would be taking profits on at these levels. One of those stocks is Palantir (PLTR 4.84%).
Now, do not get me wrong; just because I take profits in a stock does not mean I dislike the company. I just think we can get back in at a better price while taking profits.
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*Stock prices used were end-of-day prices of June 9, 2025. The video was published on June 10, 2025.
