Could Investing $20,000 in Palantir Technologies Stock Make You a Millionaire?

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Could Investing $20,000 in Palantir Technologies Stock Make You a Millionaire?

Motley Fool03-29

Palantir Technologies helps organizations remove bottlenecks and improve their operations. Over the last four years, the company has more than doubled its revenue from $0.9 billion to $2.2 ...

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MerLina
·03-29
Well said. One needs to understand the company's, PLTR biz model. Of they do, no doubt about investing and hold it long term 👌👍
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Donald Trump and Hillary Clinton were locked in a race to become the 45th president. But here's another fact that you probably don't know: If you had invested $20,000 in Nvidia stock on that day -- and held it until today -- you'd be a millionaire.NVDA data by YChartsThat's right, just $20,000 invested in the right time -- in the right stock --can set you up for life.So, with that in mind, let's take a look at Palantir Technologies (PLTR -6.12%) and see if it has the same potential.Image source: Getty Images.What does Palantir Technologies do?Palantir is a leading provider of what is called \"big data analytics.\" But what does that really mean?Well, Palantir's business model reminds me of a famous BASF advertising tagline: \"We don't make many of the products you buy; we make many of the products you buy better.\"In a nutshell, Palantir does the same thing, albeit in a very different way. The company uses AI-powered platforms to monitor and analyze data, with the goal of recognizing patterns and improving processes.For example, Tampa General Hospital used Palantir's Foundry platform to reduce patient hold time in its Post-Anesthesia Care Unit by 28% through AI-driven data analysis. In addition, AI analysis of nurse schedules, surgery schedules, and census data has improved operational efficiency. After removing bottlenecks, the hospital's nurse staffing ratio increased by 30%.Palantir's revenue is increasing as its customer base expandsAs a result of its ability to drive real-world results, Palantir's AI platforms are in demand. Revenue increased from $0.9 billion in 2020 to $2.2 billion last year. What's more, analysts expect the company's sales to increase to $2.7 billion this year and $3.2 billion in 2025.Although the majority of Palantir's revenue is from governmental organizations, such as the U.S. Department of Defense, the National Institutes of Health, and the U.K.'s National Health Services, commercial customers are the future. In its most recent quarter (the three months ended on Dec. 31, 2023), Palantir's U.S. commercial customer count surged by 55% year over year. Its U.S. commercial revenue jumped 70% to $131 million.Could a $20,000 investment grow to $1 million?Finally, let's talk about what is reasonable from a stock perspective. Palantir's shares currently trade for about $25. So, for a $20,000 investment to grow to $1 million, shares would need to hit a price of about $1,250. Needless to say, that would take an incredible amount of growth. In compound annual growth rate (CAGR) terms, shares would need to return 47% each year for 10 years.Over a more reasonable 20 years, Palantir stock would still need a CAGR of almost 22% to turn $20,000 into $1 million.That might be a bit much to expect despite Palantir's potential.Nevertheless, long-term investors shouldn't overlook the company. Its AI platform could prove to be a real game-changer across numerous industries, and, with time and patience, modest investments in Palantir stock could still add up to big returns.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":289636551614648,"gmtCreate":1711718677260,"gmtModify":1711718681316,"author":{"id":"3577178131767316","authorId":"3577178131767316","name":"MerLina","avatar":"https://community-static.tradeup.com/news/3465250a92f21a742e98827607221f91","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3577178131767316","idStr":"3577178131767316"},"htmlText":"Well said. One needs to understand the company's, PLTR biz model. Of they do, no doubt about investing and hold it long term 👌👍","listText":"Well said. One needs to understand the company's, PLTR biz model. Of they do, no doubt about investing and hold it long term 👌👍","text":"Well said. One needs to understand the company's, PLTR biz model. Of they do, no doubt about investing and hold it long term 👌👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289636551614648","repostId":2423345623,"repostType":2,"repost":{"id":"2423345623","pubTimestamp":1711707180,"share":"https://ttm.financial/m/news/2423345623?lang=&edition=fundamental","pubTime":"2024-03-29 18:13","market":"fut","language":"en","title":"Could Investing $20,000 in Palantir Technologies Stock Make You a Millionaire?","url":"https://stock-news.laohu8.com/highlight/detail?id=2423345623","media":"Motley Fool","summary":"Turning $20,000 into $1 million can be done, but it isn't easy.","content":"<html><body><ul>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Palantir Technologies helps organizations remove bottlenecks and improve their operations.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Over the last four years, the company has more than doubled its revenue from $0.9 billion to $2.2 billion.</div>\n</li>\n</ul><div><p><span>Here's an interesting fact about Nov. 8, 2016, that you may already know: It was Election Day. Donald Trump and Hillary Clinton were locked in a race to become the 45th president. </span></p><p><span>But here's another fact that you probably don't know: If you had invested $20,000 in <strong>Nvidia</strong> stock on that day -- and held it until today -- you'd be a millionaire.</span></p><p><img src=\"https://media.ycharts.com/charts/95eb5f17437713a441ebb07a731a8ae8.png\"/></p><p>NVDA data by YCharts</p><p><span>That's right, just $20,000 invested in the right time -- in the right stock --can set you up for life.</span></p><p><span>So, with that in mind, let's take a look at </span><strong><span>Palantir Technologies</span></strong><span> <span>(PLTR<span> -6.12%</span>)</span> and see if it has the same potential.</span></p><div><div></div></div><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F767430%2Fgettyimages-1364859722-1200x800-5b2df79.jpg&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/767430/gettyimages-1364859722-1200x800-5b2df79.jpg&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/767430/gettyimages-1364859722-1200x800-5b2df79.jpg&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/767430/gettyimages-1364859722-1200x800-5b2df79.jpg&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Getty Images.</p></div><h2><span>What does Palantir Technologies do?</span></h2><p><span>Palantir is a leading provider of what is called \"big data analytics.\" But what does that really mean?</span></p><p><span>Well, Palantir's business model reminds me of a famous </span><strong><span>BASF</span></strong><span> advertising tagline: \"We don't make many of the products you buy; we make many of the products you buy better.\"</span></p><p><span>In a nutshell, Palantir does the same thing, albeit in a very different way. The company uses AI-powered platforms to monitor and analyze data, with the goal of recognizing patterns and improving processes.</span></p><p><span>For example, Tampa General Hospital used Palantir's Foundry platform to reduce patient hold time in its Post-Anesthesia Care Unit by 28% through AI-driven data analysis. In addition, AI analysis of nurse schedules, surgery schedules, and census data has improved operational efficiency. After removing bottlenecks, the hospital's nurse staffing ratio increased by 30%.</span></p><div><div></div></div><h2><span>Palantir's revenue is increasing as its customer base expands</span></h2><p><span>As a result of its ability to drive real-world results, Palantir's AI platforms are in demand. Revenue increased from $0.9 billion in 2020 to $2.2 billion last year. What's more, analysts expect the company's sales to increase to $2.7 billion this year and $3.2 billion in 2025.</span></p><p><span>Although the majority of Palantir's revenue is from governmental organizations, such as the U.S. Department of Defense, the National Institutes of Health, and the U.K.'s National Health Services, commercial customers are the future. In its most recent quarter (the three months ended on Dec. 31, 2023), Palantir's U.S. commercial customer count surged by 55% year over year. Its U.S. commercial revenue jumped 70% to $131 million.</span></p><div><app :collapse_on_load=\"false\" :instrument_id=\"343121\" :show_benchmark_compare=\"false\" amount_change=\"-1.50\" average_volume=\"71,295,652\" company_name=\"Palantir Technologies\" current_price=\"23.01\" daily_high=\"24.28\" daily_low=\"22.94\" default_period=\"OneYear\" dividend_yield=\"N/A\" exchange=\"NYSE\" fifty_two_week_high=\"27.50\" fifty_two_week_low=\"7.28\" gross_margin=\"80.62\" logo=\"https://g.foolcdn.com/art/companylogos/mark/PLTR.png\" market_cap=\"$51B\" pe_ratio=\"254.82\" percent_change=\"-6.12\" symbol=\"PLTR\" volume=\"70,008,165\"></app></div><h2><span>Could a $20,000 investment grow to $1 million?</span></h2><p><span>Finally, let's talk about what is reasonable from a stock perspective. Palantir's shares currently trade for about $25. So, for a $20,000 investment to grow to $1 million, shares would need to hit a price of about $1,250. </span></p><p><span>Needless to say, that would take an incredible amount of growth. In compound annual growth rate (CAGR) terms, shares would need to return 47% each year for 10 years.</span></p><div><div></div></div><p><span>Over a more reasonable 20 years, Palantir stock would still need a CAGR of almost 22% to turn $20,000 into $1 million.</span></p><p><span>That might be a bit much to expect despite Palantir's potential.</span></p><p><span>Nevertheless, long-term investors shouldn't overlook the company. Its AI platform could prove to be a real game-changer across numerous industries, and, with time and patience, modest investments in Palantir stock could still add up to big returns.</span></p><div></div></div></body></html>","source":"fool_stock","collect":0,"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>Could Investing $20,000 in Palantir Technologies Stock Make You a Millionaire?</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\">\nCould Investing $20,000 in Palantir Technologies Stock Make You a Millionaire?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-29 18:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/29/could-investing-20000-in-palantir-technologies-sto/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies helps organizations remove bottlenecks and improve their operations.\n\n\n\n\n\n\n\nOver the last four years, the company has more than doubled its revenue from $0.9 billion to $2.2 ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/29/could-investing-20000-in-palantir-technologies-sto/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F767430%2Fgettyimages-1364859722-1200x800-5b2df79.jpg&op=resize&w=165&h=104","relate_stocks":{"BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4543":"AI","BK4023":"应用软件","BK4588":"碎股","BK4159":"经销商","PLTR":"Palantir Technologies Inc.","CAGR":"California Grapes International, Inc."},"source_url":"https://www.fool.com/investing/2024/03/29/could-investing-20000-in-palantir-technologies-sto/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2423345623","content_text":"Palantir Technologies helps organizations remove bottlenecks and improve their operations.\n\n\n\n\n\n\n\nOver the last four years, the company has more than doubled its revenue from $0.9 billion to $2.2 billion.\n\nHere's an interesting fact about Nov. 8, 2016, that you may already know: It was Election Day. Donald Trump and Hillary Clinton were locked in a race to become the 45th president. But here's another fact that you probably don't know: If you had invested $20,000 in Nvidia stock on that day -- and held it until today -- you'd be a millionaire.NVDA data by YChartsThat's right, just $20,000 invested in the right time -- in the right stock --can set you up for life.So, with that in mind, let's take a look at Palantir Technologies (PLTR -6.12%) and see if it has the same potential.Image source: Getty Images.What does Palantir Technologies do?Palantir is a leading provider of what is called \"big data analytics.\" But what does that really mean?Well, Palantir's business model reminds me of a famous BASF advertising tagline: \"We don't make many of the products you buy; we make many of the products you buy better.\"In a nutshell, Palantir does the same thing, albeit in a very different way. The company uses AI-powered platforms to monitor and analyze data, with the goal of recognizing patterns and improving processes.For example, Tampa General Hospital used Palantir's Foundry platform to reduce patient hold time in its Post-Anesthesia Care Unit by 28% through AI-driven data analysis. In addition, AI analysis of nurse schedules, surgery schedules, and census data has improved operational efficiency. After removing bottlenecks, the hospital's nurse staffing ratio increased by 30%.Palantir's revenue is increasing as its customer base expandsAs a result of its ability to drive real-world results, Palantir's AI platforms are in demand. Revenue increased from $0.9 billion in 2020 to $2.2 billion last year. What's more, analysts expect the company's sales to increase to $2.7 billion this year and $3.2 billion in 2025.Although the majority of Palantir's revenue is from governmental organizations, such as the U.S. Department of Defense, the National Institutes of Health, and the U.K.'s National Health Services, commercial customers are the future. In its most recent quarter (the three months ended on Dec. 31, 2023), Palantir's U.S. commercial customer count surged by 55% year over year. Its U.S. commercial revenue jumped 70% to $131 million.Could a $20,000 investment grow to $1 million?Finally, let's talk about what is reasonable from a stock perspective. Palantir's shares currently trade for about $25. So, for a $20,000 investment to grow to $1 million, shares would need to hit a price of about $1,250. Needless to say, that would take an incredible amount of growth. In compound annual growth rate (CAGR) terms, shares would need to return 47% each year for 10 years.Over a more reasonable 20 years, Palantir stock would still need a CAGR of almost 22% to turn $20,000 into $1 million.That might be a bit much to expect despite Palantir's potential.Nevertheless, long-term investors shouldn't overlook the company. Its AI platform could prove to be a real game-changer across numerous industries, and, with time and patience, modest investments in Palantir stock could still add up to big returns.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}