PLTR - Worth buying this loss-making company?

Axekay
2023-05-25

$Palantir Technologies Inc.(PLTR)$  Still recalled days ago when people were bashing this stock as loss-making, unable to turn profits for being in the industry for so long, and some people claiming to have more than 35 years of experience saying that this share is not worth a buy.


Ultimately, it is important to understand the values that the company is delivering to its consumers to understand its sustainability in the long run. Is it something that more people will adopt in the near future? Loss making may be temporary, everyone has to start somewhere. When we first came to this Earth, we are all loss making as well (parents have to spend tons of money on our education and daily needs). Even big companies like $Tesla Motors(TSLA)$  started from losses making as well.


Personally, I believe data analytics and AI/ML will be the trend that the future is heading, and I am heartened to see PLTR heading to this trend and looking at adopting AI as well. For this, I am bullish that more companies will engage PLTR service over time, and am glad to see a jump in share price from its low $7 (lucky you if this is your buy in price!)


Good luck folks! And hope @Palantard SG  you will reap the reward for being the patriotic PLTR supporter.

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

  • CyrilDavy
    2023-05-25
    CyrilDavy

    I have been buying this stock because my indicator showed buy on the monthly chart. Still showing buy

    • Dilhara: 
      Whats the indicator yoo are using can you share i am new
    • Axekay: 
      must have made a fortune, congrats!
  • BorisBack
    2023-05-25
    BorisBack

    this will reach a new ATH before a major pull back. Look at the charts. It keeps breaking resistance lines

  • FranklinMorley
    2023-05-25
    FranklinMorley

    this after market spike was related to NVDA. Just created new bag holders. I will never buy from this.

  • CatherineGunter
    2023-05-25
    CatherineGunter

    I don’t know much but I know there must be a better stock to short out there. This could go much higher

  • littlesweetie
    2023-05-25
    littlesweetie

    Trending up you know this is a good stock to hold and buy. Not buy and hold

  • Peterwan
    2023-06-01
    Peterwan
    Thanks for sharing. I believe it will go up.
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