Should You Buy Palantir Before May 5?

Palantir Technologies (NASDAQ: PLTR) has soared in recent years -- and even defied today's market turmoil. Though the stock slipped along with major indexes in recent weeks, it's since rebounded and is up 33% so far this year. Investors have flocked to Palantir due to its seemingly unstoppable revenue growth and popularity with both government and commercial customers. Demand for its artificial intelligence (AI)-driven software has been high, and Palantir seems to be in the early stages of its growth story.Now, the company is gearing up for a moment that could represent a catalyst for stock performance. And that's the release of the quarterly earnings report on May 5. Palantir has surpassed expectations in recent quarters, and forecasts have continued to be bright. But it's important to keep in mind that general expectations for economic growth have weakened over the past several weeks amid uncertainty about President Donald Trump's proposed tariffs on imports.This could weigh on companies' prospects as customers, in a time of economic turmoil, may become more cautious about spending. And any potential words of uncertainty from Palantir regarding this might worry investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool