Palantir Stock is About to Breakout
I am just the messenger folks—but once again, Palantir Technologies ((PLTR) appears to be on the verge of breaking out and staging another bull run. Leaders lead, and Palantir is clearly one of this market’s defining leaders.The stock remains a puzzle for many investors, with its uber-rich valuation, trading at 213x next year’s earnings, and insane price appreciation. Shares have climbed over 900% in the past two years. Even with analysts projecting 46% sales growth and 61% earnings growth this year, it’s ...