I opened $Palantir Technologies Inc.(PLTR)$  ,Why PLTR is a good stock for me Palantir Technologies Inc. (PLTR) has been gaining attention in the market, and here are some reasons why it could be a good stock to buy at $36: Growing Revenue and Profitability: Palantir has consistently demonstrated revenue growth, with a 3-year average annual growth rate of 25%. Additionally, the company has been profitable since 2020, with a net income margin of 12.6% in 2022. This trend is expected to continue, driven by increasing demand for its data analytics platform. Strong Industry Tailwinds: Palantir operates in the growing data analytics and artificial intelligence (AI) markets, which are expected to continue expanding in the coming years. The company's platform is well-positioned to capitalize on this trend, as organizations increasingly rely on data-driven insights to drive decision-making. Government and Commercial Contracts: Palantir has a strong track record of securing large contracts with government agencies and commercial organizations. These contracts provide a stable source of revenue and demonstrate the company's ability to deliver value to its customers. Increasing Adoption of Gotham Platform: Palantir's Gotham platform, which provides data integration and analytics capabilities, has seen increasing adoption across various industries. This platform is a key driver of the company's growth, and its expanding customer base is expected to contribute to future revenue growth. Valuation: At $36, Palantir's stock is trading at a relatively low valuation compared to its peers. The company's price-to-sales ratio is around 10, which is lower than that of its competitors. This suggests that the stock may be undervalued, providing an attractive entry point for investors. Institutional Ownership: Palantir has a strong institutional ownership base, with over 70% of its shares held by institutional investors. This suggests that the company has a stable shareholder base and is well-positioned for long-term growth. Overall, Palantir's strong revenue growth, profitability, and industry tailwinds, combined with its increasing adoption of the Gotham platform and relatively low valuation, make it an attractive stock to buy at $36. Would you like me to elaborate on any of these points or provide additional information
PLTR
09-16 21:37
USPalantir Technologies Inc.
SidePriceRealized P&L
Buy
Open
36.00+2.25%
Holding
Palantir Technologies Inc.
# Palantir Hits New High! $40 This Month?

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