Should Investors Buy, Sell or Hold Palantir Technologies (PLTR)?

[Investing Insights Daily]( August 24th, 2023 SPONSORED AD [PROOF: New One Ticker (Weekly) Payouts]( A multimillionaire stock trader's research explains how focusing on just one ticker every week has generated payouts up to a rare 2,614% in under 11 days... AND he's brought proof to show the world! [SEE THE PROOF]( [Should Investors Buy, Sell or Hold Palantir Technologies (PLTR)?]( Palantir Technologies Inc. ([PLTR]( – [Get Rating]( teams up with the intelligence community to deploy software platforms that aid in counterterrorism investigations and endeavors. Their products include Palantir Gotham, a distinctive platform designed to decipher patterns within extensive datasets. The company is benefitting from the Artificial Intelligence (AI) boom. This year, the company launched its Artificial Intelligence Platform (AIP), which allows large language models to operate within the confines of the enterprise and on privately held data. CEO Alexander Karp, in a [letter addressed to shareholders]( announced that AIP already has users across more than 100 organizations. He also revealed that PLTR is in talks with 300 additional enterprises to deploy AIP. Notwithstanding these developments, there are some concerns surrounding PLTR’s financial valuation, which appears overly inflated. In terms of forward EV/Sales, PLTR is trading at 13.01x, 368.3% higher than the industry average of 2.78x. Its forward [Price/Sales]( multiple of 14.26 is 435% higher than the 2.67x industry average. Taking into consideration these factors, it might be prudent to review the trends of PLTR’s key financial metrics to understand why it could be wise to wait for a better entry point in the stock. Analyzing Palantir Technologies’ Financial Health: A Comprehensive Look into PLTR’s Performance Metrics from 2020 to 2023 The trailing-12-month revenue trend of the PLTR exhibits a general… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019