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