Is Palantir overvalued?
I keep hearing this mantra: Palantir is overvalued, it's too expensive, look at P/E and P/ S, fundamentals don't matter anymore... and so on. This was told over and over and over since PLTR traded in the teens: it's too expensive đ So a lot of people keep saying it's too expensive, it's overvalued, hold me mama I missed the boat so at least I wanna shout out how overvalued this is đ¤Ē And it's true, it is overvalued, and it might have some pullbacks on the road, but guess what? It will keep going up and it will be overvalued for at least 5-10 years, and all the crybabies will keep saying it's overvalued đ Palantir is a trillion dollar company in the making. It has fantastic scalability, such a huge moat, such a great business model and awesome products, this will dominate and become one of the most valuable companies in the world. People keep saying fundamentals don't matter just because PLTR is traded at high P/E and P/S, and that's true, but fundamentals do matter and Palantir shows in every ER what a fabulous growth potential they have, just look at the rule of 40: they stand at 81, up from 68 last quarter. That means immense future growth. đ So I keep holding and not selling any of this before it goes to 500 and 1000$.
I keep hearing this mantra: Palantir is overvalued, it's too expensive, look at P/E and P/ S, fundamentals don't matter anymore... and so on. This was told over and over and over since PLTR traded in the teens: it's too expensive đ So a lot of people keep saying it's too expensive, it's overvalued, hold me mama I missed the boat so at least I wanna shout out how overvalued this is đ¤Ē And it's true, it is overvalued, and it might have some pullbacks on the road, but guess what? It will keep going up and it will be overvalued for at least 5-10 years, and all the crybabies will keep saying it's overvalued đ Palantir is a trillion dollar company in the making. It has fantastic scalability, such a huge moat, such a great business model and awesome products, this will dominate and become one of the most valuable companies in the world. People keep saying fundamentals don't matter just because PLTR is traded at high P/E and P/S, and that's true, but fundamentals do matter and Palantir shows in every ER what a fabulous growth potential they have, just look at the rule of 40: they stand at 81, up from 68 last quarter. That means immense future growth. đ So I keep holding and not selling any of this before it goes to 500 and 1000$.