Palantir sees strong growth thanks to demand for AI and strong financial results
- Stock Growth: Shares of Palantir $PLTR rise sharply on strong demand for AI solutions and excellent financial results.
- Revenue growth: The company increased revenue by 30 % and beat analysts' estimates with net earnings of 6 cents per share.
- Interest in AI solutions: There is a growing demand for Palantir's $PLTRAI solutions to accelerate processes across sectors.
- Growth expectations: Company expects further growth in the next quarter with revenue targets of up to $771 million.
Great company, it's a real shame I didn't buy their stock, it's a bit painful/sad now watching it grow.
I have a small position and I don't know what I'm going to do with the profit😂. I will probably sell part of the position by the end of the year and hold part of it.
Palantir is a great company and the results are very good. Unfortunately, I don't have $PLTR stock. If the stock drops significantly after a while, I would definitely buy.