These 3 Stocks Just Fell After Strong Earnings. Here’s the One I’d Buy Right Now
A good earnings report doesn't guarantee a stock will go up, and we've seen this many times throughout this earnings season. Last week, three widely held growth companies, Shopify (NASDAQ:SHOP) , Datadog (NASDAQ:DDOG) and Palantir Technologies (NASDAQ:PLTR) , reported better-than-expected results, and all three stocks fell anyway. In each case, the selling had less to do with the quarter that just ended and more to do with valuation or forward-looking guidance. Here's a rundown of what happened with each, what I think it means for investors, and which of the three I'd be comfortable buying right now. Image source: Getty Images. Continue reading