After Smashing The “Rule Of 40,” Palantir (PLTR) Now Has A “Lack of Downside Catalysts Over The Next 3-4 Quarters,” As Per Morgan Stanley
In what constitutes the biggest surprise of the ongoing earnings season so far, Palantir not only topped expectations for the December-ending quarter but also provided guidance that exceeded even the street-high estimates from UBS. The result: Palantir shares are now up over 20 percent and just shy of a $200 billion market cap! For the benefit of those who might not be aware, Palantir is an AI-powered Software-as-a-Service (SaaS) provider that allows companies and government agencies to gather and analyze reams of data. The retail-favorite stock had been on a tear even before this week's earnings disclosure, having benefitted immensely […]