Palantir Stock: Buy, Sell, or Hold?
One of the hardest-hit stocks in the recent market sell-off has been Palantir Technologies (NASDAQ: PLTR). While it is still trading up about 264% over the past year, the stock is down more than 31% from its recent highs, as of this writing.The questions on many investors' minds are whether this is a great time to buy the stock, or is there more downside ahead. Let's explore the key points current and potential investors need to consider when making this decision.One of the key questions surrounding Palantir is what impact will threatened government spending cuts and the Elon Musk-led DOGE (Department of Government Efficiency) have on its revenue growth.Continue reading
One of the hardest-hit stocks in the recent market sell-off has been Palantir Technologies (NASDAQ: PLTR). While it is still trading up about 264% over the past year, the stock is down more than 31% from its recent highs, as of this writing.
The questions on many investors' minds are whether this is a great time to buy the stock, or is there more downside ahead. Let's explore the key points current and potential investors need to consider when making this decision.
One of the key questions surrounding Palantir is what impact will threatened government spending cuts and the Elon Musk-led DOGE (Department of Government Efficiency) have on its revenue growth.
