Palantir's Powerful Productivity Boosts Are Yet To See Mass Adoption (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

• Palantir has outperformed the S&P500 by +47.59% since my last 'Buy' rating on the stock. After Q3 FY24 results, I am retaining my bullish view.
• Palantir's AIP drastically improves enterprise productivity, making it essential for business survival in a winner-take-all AI economy, with mass adoption still far off.
• Strong execution with significant revenue and EBIT margin beats, coupled with robust remaining performance obligations, signals continued growth momentum in the short to medium term.
• Despite a high 123x 1-yr forward PE, PLTR's stock rise is driven by genuine earnings growth, not irrational exuberance or overhype.
• Technically, PLTR is in a powerful uptrend relative to the S&P500, with no signs of bearishness, reaffirming my 'Buy' rating.

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