Will Palantir Soar After Feb. 3? Here's What History Says.

In 2024, Palantir Technologies (NASDAQ: PLTR) proved that it's one of today's key technology leaders. The software company reported record profit, saw revenue climb quarter after quarter in the double digits, and was invited to join the S&P 500. Palantir ended the year with the best performance in that benchmark as the stock soared a mind-blowing 340%.Today, though, some investors have been hesitant about getting in on Palantir at this stage of the story, as valuation has reached a high level from a forward price-to-earnings perspective. Still, if we consider Palantir's expected growth, this company on the move could make a great investment. Two revenue drivers, in particular -- artificial intelligence (AI) and the commercial customer -- may just be getting started.On top of this, a catalyst for Palantir is just around the corner on Feb. 3. Will Palantir stock surge after that date? Here's a look at what history says.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool