The rise and rise of Palantir

We first bought Palantir in the single digits, what does the future hold for this pillar of American innovation.

If you are a long-time reader of this blog, you will know that we have been bullish on Palantir since the early days. And it has been one of our biggest winners.

This is what I had tweeted on Dec 1st, 2020.

https://x.com/samtechbillion/status/1333959467243773952

12/1 - Palantir has been quite a story since its IPO. We recommended buying at 9$ and taking profits after the remarkable run to 30+ for more than 200% gains. Watching the stock very closely for another good entry point in the 20-25$ range. Stay tuned!

We did buy again in the mid-20s and currently the stock trades at 130+. The company has innovated by leaps and bounds, but valuation remains is a concern. In my next post, I will be analyzing Palantir’s technology, business model, and of course the stock price. Subscribe to Tech Billion to get the article in your inbox.

Disclaimer - everything in this blog is my personal opinion and NOT financial advise, please do your own DD before investing.