$Palantir Technologies Inc.(PLTR)$Investors are seemingly on the fence with Palantir. On one camp, Palantir is monopolising the Data AI market. It has created a market on its own with almost zerocompetitors and with Peter Thiel helming it, it seems like a no brained for this company to skyrocket in a few years.
On the other camp however, investors are worried that main Shareholders are dumping shares formoney. It seems as though they are cashing out of the company itself and that has resulted in some investors losing faith in it.
In my opinion, Palantir priced below $23/- is a stock worth considering and it is part of my long term portfolio. I’ll explain why. 1) Pltr has been around for more than ten years mainly working on government projects. It’s not new, only new on the stock market. 2) During the covid crisis Countriesactually used Pltr to organise vaccine distribution, logistics and much more. All using AI DATA. 3) It’s clients from before are still sticking with it. Cause who wouldn’t? If this company can help me save costs and increase efficiency, I’ll be glad to pay part of this costs savings as a fee to Pltr. It simply makes sense.
I think it’s a buy at these prices. What do you think?
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