Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-16 09:45 • The Motley Fool Positive Axe Cap view: Selective

Palantir Technologies trades at $204/share with a $491 billion valuation, commanding a rich 61x sales multiple on 2026 guidance. The article presents two 2027 price target scenarios: a base case of $237 (13% upside) assuming 55% growth deceleration and multiple compression to 45x, and a bullish case of $310 (50% upside) assuming 65% growth and 55x multiple. Both scenarios depend critically on Palantir sustaining exceptional execution, with risks from government contract delays, slower AI adoption, or law of large numbers effects.

Axe note: Palantir’s rapid growth powers a rich valuation, but risks weigh heavily on South African investors’ radar.

2026-10-16 09:30 • The Motley Fool Mixed Axe Cap view: Selective

Six major blue-chip stocks—Nike, Goldman Sachs, Intel, Disney, Pfizer, and Home Depot—are trading at least 20% below their all-time highs despite a strong bull market. The article analyzes each stock to determine whether they represent bargains or value traps, considering factors like valuation metrics, competitive pressures, and market sentiment.

Axe note: Six major US blue chips trade well below highs, but the value story is mixed and caution is key.

2026-10-16 09:25 • The Motley Fool Mixed Axe Cap view: Selective

Several billionaire investors sold major AI stocks in Q2, including Apple, Microsoft, Amazon, and Alphabet, citing concerns about AI infrastructure returns and valuations. However, the article advises against simply following these sales, recommending a company-by-company evaluation. Amazon and Apple are highlighted as top picks due to AWS growth and Apple's lower capex exposure to AI, while Tesla is flagged as overvalued given its unproven autonomous technology.

Axe note: While some billionaires are selling US AI giants, a nuanced view is needed for JSE investors considering rand sensitivity and local tech proxies.