Palantir: 200 Times Earnings Is Too Much!
Summary
- Palantir is reporting great quarterly results and growth rates are accelerating.
- Palantir might profit from the world getting more chaotic, but commercial revenue might see lower growth rates due to the looming recession in the United States.
- But even when being optimistic about Palantir growing with a high pace, the current stock price is not justified in any way making it not a good investment.
Viktor Aheiev/iStock via Getty Images
If you want to criticize me – and you certainly can as not every investing decision or analysis is right (but it doesn’t have to be to make money) – you can point out that I have been constantly
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.