Stock price when the opinion was issued
Valuation has expanded, business is growing. Look at selling a covered call. The thing is that all that volatility has made the options very expensive. Looking out to September, you can sell a $175 call for $8.15. That's 5% of the current share price for $15 of upside. Worst case is that somebody buys your position at a $15 increase, but you keep the $8.15 no matter what.
It reports after the closing bell. Owns a small position. A year ago, they were all-in with AI. They already had a proven track record with government. She expects 38% and 53% revenue and earnings growth this quarter. The chart looks exponential, but it will march higher tomorrow. PLTR is one of the few companies implementing AI, a rare pure-play.
Palantir Technologies Inc. (NYSE: PLTR) is a public American software and services company specializing in big data analytics. Founded in 2003 and headquartered in Denver, Colorado, the company’s primary revenue streams come from government and commercial sectors. They offer platforms for integrating, visualizing, and analyzing data, and their clientele includes various government agencies and private organizations worldwide. Palantir's technology has been instrumental in projects involving counter-terrorism, fraud prevention, and enhancing data-driven decision-making. Social media mentions are up 6.7% in the past 24h.