$Palantir Technologies Inc.(PLTR)$
As recently as four years ago, Palantir had less than 20 customers. Today, the number is 629 and growing by leaps and bounds. What is equally startling is the fact that PLTR has only lost 2 customers, and for reasons not at all associated with the service being provided.
Most impressively, large numbers of customers speak freely at Boot Camps, AIP and DevCon sessions about how they are receiving huge value from PLTR’s services. And in increasingly large numbers, customers are expanding the dollar amount of their existing contracts. One of the government contracts is for one billion dollars.
So if the increasing customer base feels comfortable spending their money to purchase PLTR’s services, I feel comfortable investing my money to purchase PLTR’s stock.
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.
