$Palantir Technologies Inc.(PLTR)$ is coming up.
I believe this post will receive mixed reactions. Regardless, we are all entitled to our own opinions.
I have seen and read both bulls and bears on $PLTR. Some make sense, some don't, some are just back and forth arguements (illogical squabbling).
I have never liked hype stocks. However, I do like $Palantir Technologies Inc.(PLTR)$ . Definitely not because of Cathie Wood.
In fact, when Cathie Wood dumps stocks that are on my watchlist, I get really happy. Vice-versa.
$Palantir Technologies Inc.(PLTR)$ earnings may or may not beat expectations.
I believe most know, PRIOR, Palantir geared towards government for her revenue. (Government Revenue fell more than 60% from Q1 2021 to Q4 2021).
Palantir has been gearing towards commercial growth for quite some time.
Check out thair 2021 YOY report
A whooping 132% US Commercial Growth.
Commercial revenue growth for FY2021, according to official reports:
•Q1 19% •Q2 28% •Q3 37% •Q4 47%
Commercial Customer Count from FY 2020 to 2021 has increased 200%. In addition, overall customer retention is high, at 113%.
THIS is the key! THIS is what we (or at least I) want to see.
Basically, Palantir has done the exact opposite of the early critics, in regards to “overly dependent on government contracts”.
Again, I would like to highlight that $PLTR is a GROWTH stock.
Is it possible that PLTR stock price continues its decline? Yes. Absolutely possible. Anything is possible in the markets.
Nonetheless, in my humble opinion, as long as Palantir continues to increase commercial growth at such an amazing rate & scaling deployment, the probability of being handsomely rewarded as a Palantir Investor is extremely high.
As such, count me in!
P.S.
Take a chill pill
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