Tue, Feb 20, 2024 3:07 PM
GNA Axles Consolidated December 2023 Net Sales at Rs 357.00 crore
A Flip by Shubhangi Gupta
Palantir stock (NYSE:PLTR) dipped by about 16% after its Q1 earnings report, prompting me to ponder whether this downturn presents a buying opportunity. Notably, Palantir showcased yet another quarter of solid revenue growth, promising client base expansion, and strong profitability metrics. That said, concerns persist regarding the stock’s elevated valuation.
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It’s been quite a chaotic hailstorm for certain discretionary retail firms — think FIVE and LULU — after they rolled through their latest round of quarter earnings results. Indeed, the latest earnings season has been hurricane season for such names. For others, like WMT, the good times keep coming despite the heavy gut punch of inflation.
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Factor-based funds are making their presence felt in India’s investment world, offering a clear, refreshing alternative to the chaotic landscape of discretionary investing, says Rajiv Shastri, CEO of NJ Asset Management. In an interview with MintGenie, Mr Shastri shares his views on factor investing, gives tips for young investors who are starting their investing journey.
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