Reported 2 days ago
Palantir Technologies, known for its data analytics and AI solutions tailored for defense and law enforcement, has seen significant stock gains following Trump's election, yet concerns arise regarding its sustainability amid heightened competition. While the company's revenue showed a robust 44% growth year-over-year, its high price-to-earnings ratio of 143 raises questions about valuation, suggesting a possible correction in the next year. Investors are advised to focus on the broader financial health rather than specific, controversial contracts.
Source: YAHOO