Don’t invest in a company you don’t understand. The other side of any trade you make will know more information than you do. You can always invest in a broad market ETF instead that gives you exposure to a diverse set of industries, or just in a sector specific ETF.
Palantir provides high tech data analysis tools for many major governments and government contractors around the world. I imagine it is a very lucrative market, as governments are both paying for the data mining tech as well as the security guarantee.
It might be undervalued because in recent years they got bad PR because the US government has been unpopular with the liberal elite during the last administration. It’s similar to why other unpopular companies, like those in the tobacco industry, are undervalued — people feel morally opposed to investing in them, which lowers demand. People were enraged at ICE using their software.
Don’t invest in a company you don’t understand. The other side of any trade you make will know more information than you do. You can always invest in a broad market ETF instead that gives you exposure to a diverse set of industries, or just in a sector specific ETF. Palantir provides high tech data analysis tools for many major governments and government contractors around the world. I imagine it is a very lucrative market, as governments are both paying for the data mining tech as well as the security guarantee. It might be undervalued because in recent years they got bad PR because the US government has been unpopular with the liberal elite during the last administration. It’s similar to why other unpopular companies, like those in the tobacco industry, are undervalued — people feel morally opposed to investing in them, which lowers demand. People were enraged at ICE using their software.
Also, Peter Thiel is a literal bloodsucking vampire
You mean PT is like Jeff bezos?