$Palantir Technologies Inc.(PLTR)$ Palantir Technologies is like a log rolling down a hill. The pace is picking up. The company continues to see strong growth in its government business, and now, thanks to artificial intelligence, the company's commercial segment is picking up even quicker.
Despite some analysts posing concerns with PLTR's "valuation" and stating the the stock is "overpriced", I like what I see when it comes to Palantir,. The stock is up nearly 75% during the past 12 months, and nearly 60% so far this year. Clearly, the pessimistic analysts have been wrong.
Palantir is an exciting company. It could experience its own "Nvidia moment" and the company's stock could become the potential AI trade of the decade. I am very long the stock and, in my humble opinion, it will become a mega cap in the near term.
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