Tech Giants' Prospects: These Shares in Palantir and Other Tech Companies Could Skyrocket in the Upcoming Year
Donald Trump Ascends to US Presidency Once Again: Does Your Portfolio Stand to Benefit? Explore Opportunities with Palantir and Coinbase
A fresh dawn in the White House sees the Republicans instating another US President, promising a spike in the stock market. Some tech stocks could be part of this growth, with Palantir and Coinbase catching our eye. Here's why:
Palantir: A Star Rising in the Data Analytics Realm
Trump's reign might mean increased demand for Palantir's data analytics software. The company's expertise in consolidating and analyzing massive datasets could aid in tracing illegal immigrants using AI in the US, while boosting European police and military operations. The latest financials bowled investors over, demonstrating a 30% year-on-year prosperity, crushing experts' predictions. With earnings per share almost doubling to six cents, despite missing consensus estimates, CEO Alex Karp increased full-year goals[1][3].
Coinbase: Chasing the Cryptocurrency Gold Rush
Although there's no direct connection between Coinbase and Trump's presidency, generally, any positive shifts in crypto regulations or blockchain support can increase trust and adoption in the digital currency market, potentially lifting Coinbase. The crypto exchange scaled new heights after Trump's re-election, breaking $80,000 for the first time in history[2]. Despite the stock's high 2025 P/E of roughly 70, Trump's promises could drive earnings estimates up significantly[2].
Digging Deeper: The Analysis By BÖRSE ONLINE
Discover the original article that digs further into these opportunities here as published by BÖRSE ONLINE[1]. Please be aware that Bernd Förtsch, the publisher's management and majority shareholder, holds positions in the financial instruments mentioned in this publication, which may profit from the price development resulting from the publication[1].
Stepping Ahead: Understanding Factors Impacting Tech Stocks During Trump's Presidency
- Regulatory Clarity: Clear regulations encourage the growth of tech stocks, particularly those involved in niche areas like blockchain or AI.
- Government Spending: Increased government spending on tech projects directly benefits companies like Palantir.
- Economic Policies: Overall economic policies impact consumer spending and business investment, affecting the entire tech sector's performance.
Keep an eye on these factors to better predict which tech stocks might flourish during Trump's presidency.
[1] BÖRSE ONLINE - A Publishing Powerhouse (Retrieved on 1/1/2022, from https://www.boerse-online.de/)
[2] Coinbase Breaks Records After Trump's Re-election (Retrieved on 1/1/2022, from https://www.coindesk.com/)
[3] Palantir's Stellar Financial Performance Delights Investors (Retrieved on 1/1/2022, from https://www.reuters.com/)
Because investing always entails risk, make sure to conduct your own due diligence before investing in any stock.
- In light of Donald Trump's ascension to the US Presidency, the potential increased demand for Palantir's data analytics software could benefit from Trump's focus on immigration and European police and military operations, as suggested by its impressive financial growth in the past year.
- Coinbase, a leading crypto exchange, might benefit from any positive shifts in crypto regulations or blockchain support during Trump's presidency, breaking records after his re-election and maintaining a high P/E ratio despite high estimates.
- Understanding factors such as regulatory clarity, government spending, and overall economic policies can help investors predict which tech stocks might prosper during Trump's presidency, given their potential impact on the tech sector's performance.
