PLTR - Palantir: Drop Leads To A Buying Opportunity
2024-05-07 11:47:43 ET
Summary
- Palantir's stock has dropped by about 10% despite reporting a better-than-expected top-line and lifting full-year guidance.
- The recent dip in Palantir's stock presents an opportunity for long-term investors to capitalize on its potential at a discounted price.
- Palantir's AIP continues to attract more customers, giving the company an edge in the market.
- Palantir's stock has substantial room to appreciate over the long term, making it an excellent investment for the next 5-10 years or longer.
In my recent analyses , I've been bullish on Palantir's ( PLTR ) stock, which remains my most significant position ( 12-13% portfolio weight). However, Palantir's stock nosedived, even after the company delivered another solid earnings announcement. ...
Palantir: Drop Leads To A Buying Opportunity