SteveWatson
09-07

$Palantir Technologies Inc.(PLTR)$ The revenue growth and profitability are both accelerating at a really fast pace, same time next year the price could be 50% higher yet the valuation could be 20% lower just due to the expanding margins. Pair that with the insane demand they have for the product and old clients expansion deals with new clients being added along the way and then some potential massive government deals coming all next year at the same time. In my eyes I'll gladly "overpay" today for that potential growth that's to come in the next few years. Don't forget SAAS names usually have a higher premium in the market due to higher profitability and scalability. All this on the tailwind which is AI and now that the hardware infrastructure is built companies will be seeking software that's worth the cost to make that hardware useful. Palantir will be one of the first names coming to mind for a lot of companies.

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