Palantir: Don’t Underestimate This Leading AI Company (Upgrade)


Source: seekingalpha.com seekingalpha.com

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Alex Wong Palantir Technologies Inc. (NYSE:PLTR) is a leading artificial intelligence, or AI, platform company that could become one of America's most influential companies over the next decade. I highlighted my bearish views on PLTR in my previous update. However, my thesis isn't so much based on Palantir being fundamentally flawed. Based on my observation, PLTR was overvalued, and market sentiments weren't conducive. That thesis has played out, as PLTR has underperformed the S&P 500 (SP500) since then. Palantir is a critical US Department of Defense, or DoD, contractor. It has also played a pivotal role in Ukraine's battle with...