Why I'm Holding Off On Palantir Stock Due To Overvaluation Concerns
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-10 12:50
JHVEPhoto My last article on Palantir Technologies (PLTR) discussed its rebounding revenue growth, improving GAAP net income profitability, opportunities in AI, a new commercial sales model, and potential inclusion into the S&P 500 Index (SPX). After the company reported its second quarter 2024 earnings on August 5, 2024, all those talking points remain reasons to buy the stock.  The S&P 500 left the company out of the index when it rebalanced in June. Still, it's only a matter of time before it include ...