Is Palantir Stock a Buy?
It's hard to overstate the success of Palantir Technologies (NASDAQ: PLTR). After struggling through its early history as a publicly traded company, the stock has surged since mid-2023, and it's the best-performing stock in the S&P 500 since the start of 2024, now up 584% in a little over a year as of Feb. 13 (Palantir was added to the index in September 2024).Palantir's deep data analytics software and its Artificial Intelligence Platform (AIP) have made it indispensable for the U.S. military and other government agencies, as well as big businesses.Its revenue growth has now accelerated over each of the last six quarters, and it has delivered a similar improvement in operating margin during that period.Continue reading
It's hard to overstate the success of Palantir Technologies (NASDAQ: PLTR). After struggling through its early history as a publicly traded company, the stock has surged since mid-2023, and it's the best-performing stock in the S&P 500 since the start of 2024, now up 584% in a little over a year as of Feb. 13 (Palantir was added to the index in September 2024).
Palantir's deep data analytics software and its Artificial Intelligence Platform (AIP) have made it indispensable for the U.S. military and other government agencies, as well as big businesses.
Its revenue growth has now accelerated over each of the last six quarters, and it has delivered a similar improvement in operating margin during that period.
