$Palantir Technologies Inc.(PLTR)$ Taking unstructured data and being able to make actionable output will result in huge gain in usage vs the system of record names eg SAP, Oracle, Salesforce and the labour intensive work by Accenture and system integration companies. If you add together the revenues of these 'encumbents' you get at least USD 200bn. Palantir will gain a significant share. If current revenue is 2.75 / 3.5bn in coming 12 months it can be 20bn in 5 years time. It is absolutely a stock to hold long-term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments