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 (NASDAQ: PLTR).
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.
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Mark Roussin, CPA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and Palantir Technologies. The Motley Fool has a disclosure policy.
Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.