Could $PLTR move higher?
Could $Palantir Technologies Inc.(PLTR)$
🎯The stock is still down -50% from 21 all time high of $39. 👨🎓2021 does not count due to the low interest rate environment? Think Again.
Below are 6 reasons why $PLTR could move way higher:
✅ Interests rates have much more chances to go down now, potentially creating a huge valuation rerating impact via discount rate applied to high growth stocks
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Palantirtech is just not the same company as it was 2 years ago (positive net result, much clearer and higher growth prospects...)
✅Would a recession happen, PLTR would at least be partially immune to it if not benefit from it (with no impact on military long term contracts and also positive impact from companies willing to gain back margins with no other obvious solution than AI implementation on their operations: "Let's call Palantir and try their AIP BootCamp thing")
✅Investors were not that focused on AI Tech companies in 2021 before Chat-GPT moment
✅Wallstreet analysts having been for a long time on a "don't look up mode" regarding Palantir and just starting now to recognize that it may not be just a military tech consulting firm
✅And finally, S&P 500 inclusion having large chances to happen in 2024
One can still see some room for potential upside
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