Palantir: Fantastic Business, Tempting Shares (Down Big)

(8min)

Summary

  • Palantir's impressive big-data and AI growth is hard to ignore, especially after the recent dramatic share price sell off.
  • Recent negative news items have created fear and caused valuation multiples to come down (a good thing). Shares are increasingly tempting.
  • After reviewing the opportunity (including growth, valuation, and risks), this report concludes with our opinion on investing in PLTR stock.
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Palantir, Blue Harbinger

Fasai Budkaew

If you like to invest in high-growth megatrend companies, then big-data and AI software leader, Palantir (NASDAQ:PLTR) (NEOE:PLTR:CA), is hard to ignore. And considering the shares are down more than 30% (from fresh all-time

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This article was written by

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I write wealthyenough.org (top ideas and strategies) | Founder/CIO at Herrick Lake Investments | Director of Research at MH Investment Solutions | Posts≠Advice

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PLTR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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