Palantir Is Next-Gen Data Growth Story, Not A Defense Contractor

Palantir Technologies Inc. (NASDAQ: PLTR) is being mislabeled as a fancy defense contractor by the Bears, instead, it is a growth story for the next bull run that is starting to gain critical mass in selling software solutions for the data-driven world, after more than a decade of development. We are Bullish on the name; own it in our portfolio and the stock was part of the recent weekly list of top ideas. The long-term thesis boils down to few key points, the company is a leader and one of…

Read More

Hedge Fund Stock MangoDB Has More Downside From Here

For last two years, MangoDB (Nasdaq: MDB) was a classic hedge fund stock – owned heavily by growth-focused momentum loving hedge funds, partly fueled by high revenue growth of the company, subscription based revenue model, macro tailwinds in the shape of rising adoption of its NoSQL databases against the incumbent MySQL and not to mention a Bull market in U.S. stocks. Last week MangoDB came out with its quarterly results and the stock took a dive. Now if the strength of the markets over last few weeks is to be…

Read More