Power Plays New Ideas: PLTR & DASH
+ ASTS Update
May 13, 2025
By Scott Redler
The light CPI is giving the market more room to run so I'm adding two new names to Power Plays Today.
Idea #1
Name: Palantir
Ticker: PLTR
Price: $119
Needs to Hold: $103 to $109
Price Objective 1: N/A
Price Objective 2: N/A
PLTR had a sell-the-news reaction to earnings but it's been rebuilding nicely.
Now it looks set to rally further. A close over $125 would drive acceleration higher.
Idea #2
Name: DoorDash
Ticker: DASH
Price: $193
Needs to Hold: $168 to $178
Price Objective 1: N/A
Price Objective 2: N/A
DoorDash (DASH) had to digest after earnings amid a flurry of deals.
But it's stabilized and looks ready to lead once again. A move over $195 will give it more firepower to fill the gap.
Also - a quick word on AST SpaceMobile (ASTS).
The company reported earnings yesterday and is doing an ATM offering, which is weighing on the stock for now. That's normal for high-growth, early stage companies.
As I said yesterday, this name is not about the near-term numbers. It's about the long-term story, which remains intact because satellite production remains on track.
So we're sticking with it.
Stay tuned for more updates!
-Scott
Scott Redler Positions Disclosure as of 2025-05-13 at 9.02.34 AM