Through my rudimentary research, I don't think there are other companies out there capable of doing what Palantir can accomplish. Am I wrong? I truly believe the saying that data is the new oil and I have been following the lead of Cathie Wood and her ARK Invest team into snapping up shares of PLTR. What do my fellow Redditors think? Is PLTR a great long-term investment?
I have read quite a few articles from naysayers who said PLTR is too expensive based on valuation and that their very extensive stock-based compensation will dilute shareholders value. But I disagree with all these articles on the premise that they basically just ignore the growth PLTR has been and will be enjoying and the technology and AI that underlie the business model of PLTR. Various US government departments have been signing contracts with PLTR. They can't be wrong, can they?
Submitted June 05, 2021 at 11:31PM by Asleep_Cup_1337 https://ift.tt/3po1llH
