With a tumultuous first quarter wrapping up, Courtney Garcia, senior wealth advisor at Payne Capital Management, reviewed what to do with some well-known stocks that are under pressure. Garcia joined the 3-Stock Lunch segment on CNBC’s “Power Lunch” on Monday to discuss Palantir , General Motors and Coinbase . Here’s what she thinks of each: Palantir While Palantir started off the year “strong,” Garcia said the defense technology stock has pulled back due both to macroeconomic headwinds as well as company-specific concerns. Palantir trades at 147 times next year’s earnings, far above the S & P 500 multiple as well as the company’s own 5-year average. “You’re seeing a question of where IT spending is going to go going forward … (and) people are moving more towards defensive and value” businesses, Garcia said. “Probably, the name is not going to hold up well in that environment, so I’d actually stay clear here.” PLTR YTD mountain Palantir in 2025 Despite the recent pullback, Palantir is still up about 11% in 2025. The Denver-based company led by CEO Alexander Karp snapped a nine-month-long advance in March. The average analyst polled by LSEG has a hold rating and a price target suggesting shares may rise more than 6% over the next year. General Motors General Motors is at risk from President Donald Trump’s tariff policies. But because GM’s valuation is reasonable and its share price has fallen significantly since the election, some of the issues the business faces are already priced in to the stock, Garcia said. “I would hold this here if you own it,” she said. “I’m not jumping in based on some of the headwinds,” but this probably isn’t “a time to get out either.” General Motors shares have pulled back more than 11% this year. But Wall Street expects a rebound: the typical analyst has a buy rating and price target suggesting more than 28% upside, according to LSEG. Coinbase For Coinbase, Garcia would sell due to the choppiness in crypto assets. “This is very volatile with cryptocurrency trading, as we’ve seen,” Garcia said. “For that reason, I’d stay away from it.” Coinbase shares have tumbled about 31% in 2025 and the crypto trading platform suffered its worst quarter since 2022. While most analysts surveyed by LSEG rate the stock a hold, the average price target implies the shares will soar more than 80% over the next year. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles, and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
