Palantir: As Long As Revenue Continues To Accelerate, I'm Staying Long
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Palantir has shown significant growth with a ~4x rise this year and continues to offer potential gains for investors. The company reported 30% year-over-year revenue growth in Q3, with expanding EBITDA margins, making it a strong buy despite high valuation multiples.
December 10, 2024 | 6:00 am
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Palantir has demonstrated strong growth with a ~4x rise this year. The company reported 30% y/y revenue growth in Q3, with expanding EBITDA margins, making it a strong buy despite high valuation multiples.
Palantir's significant revenue growth and margin expansion indicate strong business performance, justifying the high valuation and supporting a positive short-term price outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100