☕ Palantir and Oracle, hope you’re on board

Good morning! 👋 

Job growth came in better than expected at 330k earlier today. 

Treasury yields, of course, went up immediately. 

If you’re just joining us, yields rose on the news because traders think more jobs means the Fed will be less likely to cut rates once, let alone the 3 times JPow mentioned recently. 

If I had to guess, somebody in Fed-land will say something silly by midday and bring a quick end to the party. My money’s on Bostic or Kashkari. 🤦‍♂️  

If I’ve said it once, I’ll say it 1,000 times... the Fed is as wrong today about labor and rates as it was about transitory. 

Stay focused on world class companies and chances are you’ll be just fine. 

Speaking of which... 

Here’s my playbook. 

1 – Palantir + Oracle = $ 

Palantir and Oracle have teamed up to sell joint cloud, data and AI solutions aimed at accelerating decision making, maximizing data value, and increasing efficiency particularly when it comes to defense. (Read) 

MyPOV is that the move 10x’s Palantir’s distribution while also bringing together Oracle Cloud capability in hi-stakes situations. 

Excellent! 

It’s not too late to get on board but you do have to pick your tactics carefully to control risk, something we talk about constantly in One Bar Ahead®, my paid research magazine for individual investors. 

Palantir has returned 136.63% over the past 5 years and has tacked on 250.16% since January ‘23 alone which should dramatically highlight why you want to be in to win. 

My target is still $50 a share. 

Wall Street, btw, is figuring out at $22 what we knew at $6. 

Well done, everyone! 💯 

2 – Krispy Kreme’s tasty upgrade 

I love a good doughnut, which is, of course, why I exercise the way I do.  

But that's neither here nor there. 

Shares of the much-loved donut maker surged 5%+ premarket trading after getting an upgrade from Piper Sandler. (Read) 

As tasty as that may be – pun absolutely intended – the bigger draw here for me is the partnership announced with McDonald’s last month. (Read) 

3 – J&J to buy Shockwave Medical 

Johnson & Johnson has agreed to buy Shockwave Medical for $12.5B in a deal that crossed the wires earlier this morning. (Read) 

Folks are focused on Shockwave, but the real winner will be JNJ because the deal will accelerate the company's shift into cardiovascular intervention and higher growth markets. 

Shockwave, you see, offers the only commercially available IVL (intravascular lithotripsy) technology for cracking calcium lesions using sonic pressure waves. 

I might have to take another look. 

Meanwhile, I’ll stick with a few other medical choices because my research suggests those stocks have broader, higher, more immediate potential. And, not for nothing, their prices are considerably more attractive, too.  

But that’s just me. 

The important thing for you as an investor is to recognize the speed at which medical companies are transforming themselves to capture higher profit margin markets using new technologies we couldn’t even dream about a few years ago. 

4 – 9 of 10 Google competitors will love this 

Google is reportedly considering charging for AI-aided Internet searches according to the Financial Times. (Read) 

I’ve been telling you for some time now that all is not well inside Google’s empire, and this solidifies that notion in my head if it’s true. 

I get the idea, but the logic is something else entirely. 

Google’s business model is broken. 

• Short or avoid, a position I’ve kept for a while now. 
• Putskies may be good but remain dicey because Wall Street will defend the stock fiercely. 
• Buy stronger players. 

And, if you’d like some help sorting that out, I’d love to earn your trust, goodwill, and business. The April OBA drops later today and, in it, I will be making a timely new recommendation in another industry where tech is moving so fast that even the leaders can’t believe it. 

5 – If James Bond fancied a mountain retreat 

Like many people these days, I am increasingly fed up and long for a retreat into the hills.  

This caught my attention earlier today when it popped up as I researched REITs. I don’t know if Siri or Alexa was listening, but wow. 

Pricey, but still and again - wow. 

Bottom Line: 

Money is like water.  

It will always flow to where it's treated best. 

Let’s finish the week strong and, as always, MAKE it a great day. 

You got this – I promise! 

Keith 😊 

PS: We’re just a few weeks away from The Big Money Pivot and I hope you can join me at the Hyatt Regency San Francisco Airport May 7-9. Why? Because yes, Every Dollar You'll Make in the Next 10 Years Is Still on This List