Palantir’s Explosive Growth: Is It the Next Nvidia?

Summary

Earn Your Leisure Podcast Episode Summary
Title: Palantir’s Explosive Growth: Is It the Next Nvidia?
Release Date: July 12, 2025
Hosts: Rashad Bilal and Troy Millings
Guests: Chris Johnson and Ian Dunlap

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1. Introduction to Palantir’s Growth

In this episode, hosts Rashad Bilal and Troy Millings delve into the remarkable surge of Palantir Technologies, analyzing whether the company could emulate the explosive growth witnessed by Nvidia in previous years.

Key Points:

• Palantir’s Stock Performance: The company’s stock has surged by 78% year-to-date.
• Federal Contracts: Palantir recently secured a $795 million federal contract, bolstering its position in the defense and AI sectors.

Notable Quote:
Ian Dunlap (01:20): “Palantir is the defense AI company. They're the ones that [are] supplying all the drones here internationally all over.”

2. Comparing Palantir to Nvidia and Tesla

The discussion transitions to comparing Palantir’s growth trajectory with industry giants Nvidia and Tesla, exploring potential parallels and differences.

Key Points:

• Nvidia’s Legacy: Nvidia is highlighted as one of the top-performing assets over a decade, second only to Bitcoin.
• Palantir’s Potential: While some debate Palantir’s ability to match Nvidia’s success, there is optimism about its growth akin to Tesla’s impressive run.

Notable Quotes:
Chris Johnson (01:56): “Maybe not the new Nvidia, but I do think they are the new Tesla.”
Troy Millings (03:15): “The market cap is at 328 billion. And you're right like if it has a run like a Tesla run, you can, you can see that getting, getting up to, to 1 trillion.”

3. Market Cap and Future Projections

The hosts and guests discuss Palantir’s current market capitalization and future financial projections, contemplating the company’s potential to reach the trillion-dollar milestone.

Key Points:

• Current Market Cap: Palantir stands at approximately $328 billion.
• Growth Projections: Expectations are set for the company to possibly reach a $1 trillion market cap, mirroring Tesla’s trajectory.
• Performance Metrics: Discussions include target stock prices and long-term investment strategies.

Notable Quotes:
Chris Johnson (04:18): “3 year target price 235.57. I want to be the first on record to say it.”
Troy Millings (04:00): “But yeah, I think this is, this will be a trillion dollar company.”

4. Investment Strategies and Portfolio Allocation

The conversation shifts toward investment strategies, particularly focusing on how investors might allocate their portfolios in light of Palantir’s growth and the broader market trends.

Key Points:

• Portfolio Diversification: Emphasis on balancing investments between equities, bonds, gold, and cryptocurrencies.
• Investment Recommendations: Suggestions include setting entry points and target prices for Palantir shares.

Notable Quotes:
Chris Johnson (04:18): “If you're holding for long term. 127.99. You heard them.”
Troy Millings (06:05): “You got in and you just put in 20 of your portfolio from that return, we're at a multiple of five from there.”

5. Cryptocurrencies Discussion

A significant portion of the episode is dedicated to the role of cryptocurrencies in modern investment portfolios, with insights from Chris Johnson and Ian Dunlap.

Key Points:

• Crypto Allocation: Advocacy for allocating at least 20% of one's investment portfolio to cryptocurrencies.
• Market Predictions: Discussion on Bitcoin’s potential price movements and its historical performance.
• Shift from Traditional Bonds: Recommendation to reduce bond allocation in favor of cryptocurrencies and gold for better returns.

Notable Quotes:
Chris Johnson (04:52): “I think at this point it's inevitable and highly advisable for at least 20 of your portfolio to be into Cryptocurrency.”
Troy Millings (07:37): “It's becoming overwhelmingly clear, like, wait, we got to make an adjustment.”

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Conclusion

The episode provides a comprehensive analysis of Palantir’s impressive growth and its potential to follow in the footsteps of industry titans like Nvidia and Tesla. Hosts Rashad Bilal and Troy Millings, along with guests Chris Johnson and Ian Dunlap, offer valuable insights into investment strategies, emphasizing the importance of portfolio diversification and the growing significance of cryptocurrencies in achieving substantial returns.

For listeners interested in the intersection of finance, technology, and investment opportunities, this episode delivers actionable information and expert perspectives to inform their financial decisions.

Transcript

[Rashad Bilal]

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[Troy Millings]

Look.

[Rashad Bilal]

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[Ian Dunlap]

Let's talk about palantir. Stock prices up 78% year to date and they just land another 795 million dollar federal contract. If you don't know, Palantir is the defense AI defense company. They're the ones that supplying all the drones here internationally all over. Okay, is this the next Nvidia as far as the run like the run that we saw with Nvidia a couple years ago? Is Palantir the next run like that?

[Chris Johnson]

Nvidia is the second greatest return of asset next to Bitcoin if you look over a 10 year period. So I'm not sure if they'll be there but I do think that they may be the new Tesla before Eli went off the rails. So I will look at this like it's like the 20112010 moment. They are on fire. I can see him getting to 158 by the end of the year if things remain the same I do think they're having an amazing run. Still morally don't love to invest into into them but if you're looking for a potential exit price if there's going to be a point of contention by the end of the year, 158 is where I think they should land and I think they're probably one of the best run companies. And since there isn't any more quantitative easing Notice that we are not building more social apps, we aren't building more dating apps. We're building real things that have an impact in the real world. And I think Palantir, at a time when it was not sexy to be in a space when quantitative easing was afloat, they found their footing as the economy has changed. So they, they've done this tremendous job. Maybe not the new Nvidia, but I do think they are the new Tesla.

[Troy Millings]

That's fair comparison. The market cap is at 328 billion. And you're right like if it has a run like a Tesla run, you can, you can see that getting, getting up to, to 1 trillion. Yeah, I mean defense tech is, we've seen the power of it. It's going to lead the way for the, for the near future and the long term future. I'll be interested in seeing the cyber security sector as well. When we talk about volunteer, we talk about it from a defense standpoint but the security around AI is going to be important too. So I'll be interested in seeing that. But yeah, I think that was probably the most accurate. I don't know if Nvidia, which is on pace to be at 4 trillion presumably by the end of this month.

[Chris Johnson]

Yeah, hopefully.

[Troy Millings]

Right. For all sake we'd be happy to see that. First time in history that that has happened. I don't know if it does that just because the use case is dramatically different. Yeah, yeah. It's just such a, it's just a drastic difference in what they're being used for. But yeah, I think this is, this will be a trillion dollar company.

[Chris Johnson]

3 year target price 235.57. I want to be the first on record to say it. I want to hear y' all in the morning and taking my take on other platforms but 235.57 is where I have it in three years entry point for Palantir I like 127.99. If you're holding for long term. 127.99. You heard them.

[Ian Dunlap]

127.99. Ladies and gentlemen, Bitcoin. How much crypto should somebody hold in their portfolio?

[Chris Johnson]

I'm be on the record and say the, the 6040 bond split is dead to any advisor who emails you and tells you otherwise. I'm sorry, I can't get a real answer what's going on with the bond market. I do think at this point it's inevitable and highly advisable for at least 20 of your portfolio to be into Cryptocurrency. If we're just looking over a return basis, and I'm not mentioning all coins, I'm talking about the big three. If you look at Ray Dalio's All Weather portfolio strategy, the last asset class to be added was crypto, but it's given the most return. It would behoove you to have at least 20 in. You don't. I don't think you have to be 100 in if you don't believe in it in that fashion. But I think to focus 60 or 40 on bonds, it would be a mistake. I will replace that with 20 crypto, 20 gold if you're looking for a hedge and the recipe in equities, 20.

[Troy Millings]

That'S a.

[Chris Johnson]

That's according to the prices that I. And I know y' all like to rewrite history. I did call 20, 000.

[Troy Millings]

Well documented. Well documented.

[Chris Johnson]

You don't have to like me or whatever the case, but those levels were key. If you've got in and you just put in 20 of your portfolio from that return, we're at a multiple of five from there.

[Troy Millings]

Right? Because I think. And Chris Johnson said this too, man. And if you didn't check out that. That episode of Market Mondays, please go check that out.

[Chris Johnson]

Shout out to Chris.

[Troy Millings]

He's like, the beautiful thing about crypt bitcoin is that the price it is today, it won't be in five years. So.

[Chris Johnson]

And historically that data has proven.

[Troy Millings]

It's proven that. And I remember when we started doing this show, this is. We're going on year six now, but we used to say like 5% between 2 to 5%. And as this thing is climbed up, it's becoming overwhelmingly clear, like, wait, we got to make an adjustment.

[Ian Dunlap]

So 2 to 5% for what?

[Troy Millings]

The original was like 2 to 5% of having exposure to bitcoin.

[Ian Dunlap]

Bitcoin.

[Troy Millings]

Yeah.

[Chris Johnson]

Yeah. I remember when I thought of bitcoin being at 500 bucks was a lot like, okay, 2015 was at 260. July 4, 2016, 675, 2017, 2.6k. 2018, 6.6k. 2020 at 9.1k. 2021 at 35k.

[Ian Dunlap]

Somebody said, Ian, do you expect another 10 to 15 pullback before end of the year?

[Chris Johnson]

If you go to ianvest.com and join Red Pandas, you will know exactly my thoughts on that and what price to be able to get in. If I've made you money. Put yes in chat. Back to you, Rashad and Troy.

[Troy Millings]

Thank you for answering that. Clearly this. So next year by that four year cycle of bitcoin. Next year was supposed to be the year where you might see a pullback based on that after having we there's like that cycles that we broke down. So it would be next year. So we'll see, we'll see this year it should it still have some appreciation in it.

[Ian Dunlap]

There's always pullbacks.

[Troy Millings]

Yeah always. Again part of it. You need that so but the deep.

[Chris Johnson]

Pullbacks of dropping 35 and 40% given the institutional involvement that's going to be rough to have it again. I don't think we'll never see 25,000 bitcoin ever again in life.

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