29.12.2024 15:21:00
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Every Palantir Investor Should Keep an Eye on This Number
Palantir Technologies (NASDAQ: PLTR) has been one of the biggest winners on the stock market this year. The data fusion specialist is up a whopping 379% year to date as of Dec. 26. The company has established itself as a leader in artificial intelligence (AI) software thanks to its new AI platform, and it's experiencing strong growth in both government contracts and commercial business.Palantir has now delivered five straight quarters of accelerating revenue growth and eight straight quarters of expanding operating margins, showing that the business is rapidly gaining leverage. Along the way, the company has turned profitable on a generally accepted accounting principles (GAAP) basis and gained admission into the S&P 500 (SNPINDEX: ^GSPC).Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Keep Inc. Registered Shs Unitary | 0,69 | 0,00% | |
Palantir | 74,12 | -2,64% |