Palantir: Follow The Bull Trail And Don't Be Fazed By High Valuations Alone (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

• S&P500 inclusion benefits PLTR as the stock benefits from a decadal trend of growth in passive investment strategies and S&P500 ETF inflows.
• I believe PLTR's multiple expansion is acceptable given the long-term growth potential to be as big as Microsoft, rates cut tailwind and improving business quality.
• Much of the rally in the stock is backed by strong earnings growth, which is a good sign for long term stock performance.
• Relative technicals vs the S&P500 remain bullish; despite reaching a key 4-monthly resistance level, the approach is strong on the monthly, so it would be premature to exit bullish views.
• Operating performance in revenues and margin performance is the key thesis-changing monitorable and so far, Palantir is meeting and exceeding expectations here.

Read the full article here.