Is Palantir Stock a Buy Right Now?
Palantir (NASDAQ: PLTR) went public through a direct listing six years ago. It started trading at $10 per share, but it’s now worth about $186 per share. Let’s see why this tech stock delivered such massive gains — and if it’s still worth buying today in this choppy market.
Palantir operates two data-aggregating platforms: Gotham for government clients and Foundry for commercial clients. Both of these platforms create “digital twins” of a client’s entire organization by gathering information through databases, supply chain reports, sensors, emails, internal documents, financial records, and even social media accounts.
Image source: Getty Images.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.