Here's 5 simple reasons why $PLTR is one of the best investments for the next decade
Yesterday, $Microsoft(MSFT)$ CEO Satya Nadella said $Palantir Technologies Inc.(PLTR)$ was the “leader in their industry” which is a huge shout-out.
Below I’ll outline 5 reasons why $PLTR is one of the best investments over the next 10 years.
1/ $Palantir Technologies Inc.(PLTR)$ are clear leaders in an absolutely booming industry.
We are quickly moving towards commoditizing anything that can be produced by a machine. The key to this is data.
The collection, analysis, and utilization of data will be one of the most important activities in business. This is $PLTR.
2/ Customers are flocking to the $PLTR AIP.
The AIP allows customers to use their data to create their own customized LLM. The AIP has seen 40% YoY growth in the US and 27% YoY growth worldwide. It's also only just getting started...network effects with mass adoption will make this product even better.
3/ $PLTR has an extremely strong balance sheet.
Cash has just hit $3.87 billion with $217 million long term debt. Debt to equity ratio is just 0.1 and their cash flow to debt is 3 which is incredible for a company growing at the rate of $PLTR.
4/ Existing customers are rapidly increasing their usage of $PLTR showing just how strong the product is.
For example, Lowe's $LOW went from 0 AI utilization to using AI for over 1,000 customer service agents. This resulted in a 75% reduction in overdue tasks in just 4 months.
5/ $PLTR is going international.
They've recently signed huge contracts with the UK NHS and Allied Partners around the world. US commercial revenue is currently higher than international commercial revenue, highlighting the TAM available in the rest of the world.
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- JudithGrant·07-31Strong potential! [Great] [Like]LikeReport