Hi there,
We will certainly answer questions on U.S. stocks to the best of our abilities. Both of these companies are recent IPOs and thus come with additional volatility. This is especially true in the U.S. where IPOs can seem to do no wrong. There was a point that Palantir was reasonably priced but it has since shot up in value. It is now trading at around 38 times sales, and is not expected to post meaningful profit anytime soon. At these levels, it isn't cheap. I do however, really like the space they are in and the fact they are long-term government partners. Of note, there was concern that with a Biden win they would not win a major contract as they have deep ties to the Republicans. However, that fear seems to have subsided. It is one I'd consider looking at on a meaningful dip.
As for Air BnB - it is trading at 22 times sales and since it is so new, there is no consensus estimate on next year's performance. I'd expect considerable volatility here especially since travel is limited. Until the economy fully opens up, AirBnB's growth profile will be limited and investors will have to temper expectations. After hitting $163 a share, it has since retreated to below IPO Open levels. There is however, considerable growth potential as it eats market share from traditional Hotel, motel and BnB players. The company estimates their market opportunity as Serviceable Addressable Market (SAM) of $1.5T and Total Addressable Market (TAM) of $3.4T.
What I like about ABNB is the fact that although competition exists in the host-based accommodation industry, it is still limited. AirBnB is the top player here and thus, is building up a nice moat.
While I like both, I think ABNB is the better value - although make no mistake it is still expensive at these levels.
Mat