Reported 13 days ago
Palantir Technologies has shown remarkable growth, thriving in the current bull market while standing out with a 200% annual gain. The company, known for its innovative Artificial Intelligence Platform, is transitioning from primarily governmental clients to a booming commercial sector which recorded a 54% revenue surge. With a record profit of $144 million and a Rule of 40 score of 68%, Palantir's prospects look strong, although its shares are currently valued at 148 times future earnings. Investors may want to consider its long-term growth potential despite the high valuation.
Source: YAHOO