In this volatile market here drawdowns are inevitable for companies š Here are 5 stocks I donāt hold but am looking to buy at certain pricesš 1. $PLTR - sub $100 ā¢ 85% YoY revenue growth ā¢ 71x fwd P/E ā¢ 47% YoY US customer growth Palantir is a unicorn company growing at rapid rates down nearly 50% from ATHās. Its latest partnership with $ZETA is said to be the next generation of marketing. 2. $RDDT - sub $130 ā¢ 69% YoY revenue growth ā¢ 31x fwd P/E ā¢ 21% DAU growth YoY Reddit is taking a page out of Metaās book and running targeted ads. They are growing very fast and creating a very interesting opportunity. 3. $GOOGL - sub $300 ā¢ 22% YoY revenue growth ā¢ 27x fwd P/E ā¢ $460 billion cloud backlog Everybody knows Google and for good reason. They are an ETF under Alphabet with search, cloud, ads, YouTube all in one. 4. $SPCX - sub $80 ā¢ ~ 20% YoY revenue growth ā¢ One of a kind company ā¢ $2.00 trillion market cap SpaceX is an unbelievable company donāt get me wrong but its current valuations are dumbā¦ $80 would put SpaceX at a $1.04 trillion market cap meaning under $80 puts it under $1 trillion. Even at that valuation SpaceX trades at ~50x P/S multiple which is still high but for SpaceX I think could be worth the risk. 5. $ELF - sub $50 ā¢ 35% YoY revenue growth ā¢ 20x fwd P/E ā¢ New āRhodeā acquisition driving growth Makeup products on their own are becoming a subscription as they run own. Creating predictable revenues even during economic downturns.
