Reported 5 months ago
The article discusses Wall Street veteran analyst Stephen 'Sarge' Guilfoyle's recommendation of Palantir Technologies (PLTR) as his top long-term trade pick. Guilfoyle highlights the company's strong financials, clean balance sheet, and expanding customer base as reasons for optimism, despite potential valuation risks. He emphasizes Palantir's inelastic demand for security, surveillance, and big data analysis, mentioning its clean cash flow and profitability as key factors supporting his bullish outlook. Guilfoyle acknowledges the valuation risk and the company's reliance on government spending but believes in its potential to grow into its current valuation.
Source: YAHOO