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(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) NYSE insider Jay Woods is keeping a special eye on Palantir ‘s this week as he sees the potential for the data analytics company to rise 20% to around $240 per share based on the stock’s trading history. Woods, chief market strategist at Freedom Capital Markets, said Palantir stock has gone up an average of 20% in eight out of the last 11 times it reported earnings. Since the stock just hit a technical break out when it traded above the $190 level “out of a nice triangular formation,” Woods said he anticipates it could hit $230 or $240 in the wake of its earnings report. Palantir reports its results after Monday’s closing bell. (Watch full video above.) Woods also touches on the following in the exclusive video: How optimism abounds as the market enters November, a seasonally strong month for stocks. Why this week’s Fed speak will shed light on the direction of December’s rate decision. Another key stock with earnings this week: Uber . The trader remarks that Uber is in a “slow, steady uptrend” with a good upside potential of $110. (This weekly Monday video is exclusively for CNBC PRO subscribers.)
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