[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  amit [@amitisinvesting](/creator/twitter/amitisinvesting) on x 223.5K followers Created: 2025-06-26 17:25:13 UTC This narrative that Palantir $PLTR and Robinhood $HOOD are meme stocks is absolute nonsense and needs to stop. Memestocks are companies that are being hyped up by investors that have zero fundamental reason to gain their appreciation in value. While it can be subjective over how to think of what constitutes a meme, the idea of comparing the company that deploys software on the battlefield to defend the warfighter or the company that has increased their assets under custody to 1/4th of a TRILLION in less than a year is just ridiculous. Palantir and Robinhood are led by two exceptional founders. Both have executed at a level that has realistically not been seen in the public markets EVER and cultivated an audience of retail investors that saw the potential, believed in them when the world didn't, and continue to see their growth trajectories as exponential. Now, you can absolutely disagree with the market's valuation of these two companies. I think that is a reasonable debate. However, to categorize their aggressive premiums as just filled with memes COMPLETELY discounts why the street is willing to pay a multiple and if you're best argument is valuation, please tell me why $COST Costco deserves a XX P/E or why $NFLX Netflix, as incredible as it is, deserves to have a premium that is more than triple of $GOOGLon a P/E basis. The point is valuations are debatable but what is not debatable is the level of focus, dedication, and execution $PLTR and $HOOD have shown the public markets. Discounting them as memestocks just makes it seem like you'd rather ignore their execution vs. understand why the markets have given them their multiples.  XXXXXXX engagements  **Related Topics** [hood](/topic/hood) [pltr](/topic/pltr) [stocks](/topic/stocks) [palantir](/topic/palantir) [amit](/topic/amit) [$pltr](/topic/$pltr) [stocks technology](/topic/stocks-technology) [$hood](/topic/$hood) [Post Link](https://x.com/amitisinvesting/status/1938287445935853686)
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amit @amitisinvesting on x 223.5K followers
Created: 2025-06-26 17:25:13 UTC
This narrative that Palantir $PLTR and Robinhood $HOOD are meme stocks is absolute nonsense and needs to stop.
Memestocks are companies that are being hyped up by investors that have zero fundamental reason to gain their appreciation in value.
While it can be subjective over how to think of what constitutes a meme, the idea of comparing the company that deploys software on the battlefield to defend the warfighter or the company that has increased their assets under custody to 1/4th of a TRILLION in less than a year is just ridiculous.
Palantir and Robinhood are led by two exceptional founders. Both have executed at a level that has realistically not been seen in the public markets EVER and cultivated an audience of retail investors that saw the potential, believed in them when the world didn't, and continue to see their growth trajectories as exponential.
Now, you can absolutely disagree with the market's valuation of these two companies. I think that is a reasonable debate. However, to categorize their aggressive premiums as just filled with memes COMPLETELY discounts why the street is willing to pay a multiple and if you're best argument is valuation, please tell me why $COST Costco deserves a XX P/E or why $NFLX Netflix, as incredible as it is, deserves to have a premium that is more than triple of $GOOGLon a P/E basis.
The point is valuations are debatable but what is not debatable is the level of focus, dedication, and execution $PLTR and $HOOD have shown the public markets.
Discounting them as memestocks just makes it seem like you'd rather ignore their execution vs. understand why the markets have given them their multiples.
XXXXXXX engagements
Related Topics hood pltr stocks palantir amit $pltr stocks technology $hood