PLTR - Worth buying this loss-making company?

$Palantir Technologies Inc.(PLTR)$  Still recalled days ago when people were bashing this stock as loss-making, unable to turn profits for being in the industry for so long, and some people claiming to have more than 35 years of experience saying that this share is not worth a buy.


Ultimately, it is important to understand the values that the company is delivering to its consumers to understand its sustainability in the long run. Is it something that more people will adopt in the near future? Loss making may be temporary, everyone has to start somewhere. When we first came to this Earth, we are all loss making as well (parents have to spend tons of money on our education and daily needs). Even big companies like $Tesla Motors(TSLA)$  started from losses making as well.


Personally, I believe data analytics and AI/ML will be the trend that the future is heading, and I am heartened to see PLTR heading to this trend and looking at adopting AI as well. For this, I am bullish that more companies will engage PLTR service over time, and am glad to see a jump in share price from its low $7 (lucky you if this is your buy in price!)


Good luck folks! And hope @Palantard SG  you will reap the reward for being the patriotic PLTR supporter.

# What have you learned from the market?

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.

Report

Comment9

  • Top
  • Latest
  • CyrilDavy
    ·2023-05-25
    TOP

    I have been buying this stock because my indicator showed buy on the monthly chart. Still showing buy

    Reply
    Report
    Fold Replies
    • Dilhara
      Whats the indicator yoo are using can you share i am new
      2023-05-26
      Reply
      Report
    • Axekay
      must have made a fortune, congrats!
      2023-05-25
      Reply
      Report
  • BorisBack
    ·2023-05-25
    TOP

    this will reach a new ATH before a major pull back. Look at the charts. It keeps breaking resistance lines

    Reply
    Report
  • FranklinMorley
    ·2023-05-25
    TOP

    this after market spike was related to NVDA. Just created new bag holders. I will never buy from this.

    Reply
    Report
  • CatherineGunter
    ·2023-05-25
    TOP

    I don’t know much but I know there must be a better stock to short out there. This could go much higher

    Reply
    Report
  • littlesweetie
    ·2023-05-25

    Trending up you know this is a good stock to hold and buy. Not buy and hold

    Reply
    Report
  • Peterwan
    ·2023-06-01
    Thanks for sharing. I believe it will go up.
    Reply
    Report
  • VivianChua
    ·2023-05-26
    will improve 💚 👌 💪
    Reply
    Report