No Bubble, No Trouble: Palantir Stock Is Ready to Roar Higher

9
2
Favorite

No Bubble, No Trouble: Palantir Stock Is Ready to Roar Higher

InvestorPlace02-29

An analyst recommends taking profits on Palantir Technologies stock.However, Palantir Technologies appears to be a good candidate for inclusion in the S&P 500 index.Investors should consider buying ...

Source Link

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.

Report

Comment（2）

SamsonChow
·02-29
Let's shoot to the moon! Thank you Alex & team!
Reply
1
Report
B.N.F
·02-29
Not at $25 thanks
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2414820725?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-02-29 11:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2414820725","market":"us","top_or_hot":-1,"title":"No Bubble, No Trouble: Palantir Stock Is Ready to Roar Higher","media":"InvestorPlace","content":"<div>\n<p>An analyst recommends taking profits on Palantir Technologies stock.However, Palantir Technologies appears to be a good candidate for inclusion in the S&P 500 index.Investors should consider buying ...</p>\n\n<a href=\"https://investorplace.com/market360/2024/02/no-bubble-no-trouble-palantir-stock-is-ready-to-roar-higher/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No Bubble, No Trouble: Palantir Stock Is Ready to Roar Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo Bubble, No Trouble: Palantir Stock Is Ready to Roar Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 11:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2024/02/no-bubble-no-trouble-palantir-stock-is-ready-to-roar-higher/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An analyst recommends taking profits on Palantir Technologies stock.However, Palantir Technologies appears to be a good candidate for inclusion in the S&P 500 index.Investors should consider buying ...</p>\n\n<a href=\"https://investorplace.com/market360/2024/02/no-bubble-no-trouble-palantir-stock-is-ready-to-roar-higher/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://investorplace.com/market360/2024/02/no-bubble-no-trouble-palantir-stock-is-ready-to-roar-higher/","article_id":"2414820725","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2414820725","pubTimestamp":1709177505,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Is PLTR stock too expensive to buy and hold in 2024? Not if Palantir Technologies continues to leverage the AI trend in the coming quarters.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc.","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓","BK4547":"WSB热门概念","BK4543":"AI","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4550":"红杉资本持仓","BK4023":"应用软件"},"translate_title":"没有泡沫，就没有麻烦：Palantir股票准备上涨","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1.1},"content_text":"An analyst recommends taking profits on Palantir Technologies stock.However, Palantir Technologies appears to be a good candidate for inclusion in the S&P 500 index.Investors should consider buying and holding PLTR stock.Source: Sundry Photography / Shutterstock.comWhich side of the fence are you on? You can either be in the winner’s circle and benefit from Palantir Technologies’ amazing growth story, or you can sit on the sidelines and worry that PLTR stock is “due” for a crash. So far, investors on the long side of the trade have profited handsomely. Considering Palantir’s outstanding results, there’s no compelling reason to turn bearish now. Just to provide a recap, Palantir Technologies is headquartered in Colorado and provides security products and services. Palantir embeds artificial intelligence functionalities into many of its products. With the cybersecurity and AI markets potentially poised for substantial growth, Palantir stock absolutely deserves an “A” grade.Diverging Analyst Views of PLTR StockIn light of Palantir Technologies’ stellar fourth-quarter 2023 results, Wedbush Securities analyst Dan Ives called Palantir the “Messi of AI.” This was a reference to Lionel Messi, a soccer superstar.Ives published a $30 price target on PLTR stock, which implies substantial upside in the near term. However, not every expert on Wall Street is as enthusiastic as Ives is.HSBC Global Research analyst Stephen Bersey downgraded Palantir stock from “buy” to “hold” and assigned the shares a not-so-optimistic $22 price target. Apparently, Bersey is concerned about Palantir Technologies’ valuation.Yet, Bersey also expects (per Barron’s) that Palantir “can grow earnings on a compounded basis more than 24% a year through 2028.” Bersey admitted that Palantir Technologies’ “commercial business is witnessing a strong acceleration, especially in the U.S., as demand for the company’s AI Platform remains strong.”If it’s true, as Bersey states, that Palantir “is well positioned to benefit from the strong demand for its artificial intelligence products,” then it’s not particularly productive to worry about the company’s valuation. Palantir Technologies’ valuation is justified with strong growth potential.Is Palantir About to Be Included in the S&P 500?Here’s another pillar of the bullish argument for PLTR stock. As a Seeking Alpha article by Noah’s Arc Capital Management suggests, Palantir Technologies is a good candidate for inclusion in the S&P 500 index.Noah’s Arc Capital Management observes that Palantir, after reporting excellent fourth-quarter 2023 results, has the “potential for 4 straight quarters of operating profitability, increasing its chances of joining the S&P 500.” To that, we could add that Palantir Technologies achieved five consecutive quarters of GAAP-measured profitability.We could also mention that Palantir’s Q4 2023 U.S. commercial revenue grew 70% year over year to $131 million. Yet, there’s no need to belabor the point. Palantir Technologies has earned its “Messi” superstar status.If Palantir is included in the S&P 500 index, then PLTR stock would be a component of many index funds. This could buoy the Palantir share price while also adding a sense of prestige to the company.PLTR Stock: Don’t Fret About Palantir’s ValuationLast year, traders who worried about Palantir stock being in a “bubble” ended up missing out on a great buying opportunity. Going forward, Palantir Technologies has tremendous growth prospects and fretting over Palantir’s valuation is counterproductive.Besides, Palantir Technologies looks like a strong candidate for inclusion in the S&P 500 index. So, don’t be deterred by the worry warts’ objections. PLTR stock has the potential to rally throughout 2024, and it earns a confident “A” grade.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":279206449135696,"gmtCreate":1709187226076,"gmtModify":1709187230771,"author":{"id":"4166752395028592","authorId":"4166752395028592","name":"SamsonChow","avatar":"https://community-static.tradeup.com/news/5b3db5185eda55dc9e03331477d70e90","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4166752395028592","authorIdStr":"4166752395028592"},"htmlText":"Let's shoot to the moon! Thank you Alex &amp; team!","listText":"Let's shoot to the moon! Thank you Alex &amp; team!","text":"Let's shoot to the moon! Thank you Alex & team!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279206449135696","repostId":2414820725,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":279203550859264,"gmtCreate":1709186505345,"gmtModify":1709186509269,"author":{"id":"3586270075116434","authorId":"3586270075116434","name":"B.N.F","avatar":"https://community-static.tradeup.com/news/42b92221928b379150d4f88e77bc1609","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3586270075116434","authorIdStr":"3586270075116434"},"htmlText":"Not at $25 thanks","listText":"Not at $25 thanks","text":"Not at $25 thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279203550859264","repostId":2414820725,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}