Palantir: Why I Think It Can Still Go Up 9x (Archive)
Palantir can still be a 9x multibagger despite demanding growth expectations.
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
- The big risk to Palantir stock is that the ask rate for growth is high at 50% CAGR over the next 5 years.
- I think Palantir can meet this high growth rate requirement, thus growing into its high valuations, enabled by its forward deployed engineers model to drive rapid customer growth.
- Comparisons to traditional software players selling general solutions is arguably flawed. PLTR's tailored solutions command significantly higher revenue per customer than other software peers, which is a big competitive advantage.
- I still see multibagger potential in PLTR stock.
- Slowing bullish momentum may be signaling a pause in the broader uptrend.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
Comments ()