2024-02-14 01:49:12 ET
Summary
- Palantir's stock has surged by 40% in the past five days, generating excitement but also raising concerns about rational decision-making.
- The company's products and AI strategy in the commercial sector are impressive, leading to significant growth in commercial customers and revenue.
- There are concerns about the government business and international expansion, which have not performed as well as expected.
Overview
I've been an investor in Palantir (PLTR) since its IPO three years ago, purchasing shares at $18 and $7. The journey has indeed been a roller coaster. My enthusiasm for the company extends beyond its stock price fluctuations; I've been a fan for years, ever since reading a Fortune article that portrayed Palantir as an organization with a strong culture that developed a disruptive product for data analytics within the Army....
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For further details see:
Palantir: A Data-Driven Investment That Will Increase Further