Stock Talk
One AI stock we call a "penny stock" and therefore speculative is on the move.. BigBear.ai Holdings Inc (BBAI).
BBAI already has some government contracts . The big question is when the next one or two contracts come- will it push BBAI to profitability ? Some institutional and hedge fund holders must think so.
For now, let's just point out that BBAI is breaching the $3 share price level. If the $3 holds, that could be a sign that institutions may be buying more . Is BBAI a follow on company after Palantir to run higher in the AI contractor space?
More later, but for now BBAI is on the watch list.
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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