HomeTechTelecomWhy Palantir (PLTR) Looks Like it Has Gone Too Far, Too Fast

Why Palantir (PLTR) Looks Like it Has Gone Too Far, Too Fast

Palantir's (PLTR) big rally puts the stock at risk if the company cannot continue its massive growth, according to Joseph Bonner from Argus Research. How will the company show that there is a consistent market that justifies the stock's over 200% rally in 2024, and can it grow its commercial segment to protect against a downturn in government spending? Joseph explains why these issues led him to downgrade the stock.

Futures

08 Nov 2024

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