Palantir: An AI Powerhouse Still Worth Buying (Technical Analysis) [Seeking Alpha]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Seeking Alpha
15min Summary Palantir remains a buy despite overbought signals, with strong support levels and bullish technical indicators suggesting continued upward momentum after consolidation. Daily and weekly chart analyses show minimal resistance and significant support, reinforcing the bullish outlook for Palantir's stock. Palantir's valuation is justified by strong financial results, positive EPS, and promising AI growth prospects, despite high P/S and P/CF ratios. Mixed signals from indicators suggest near-term weakness, but overall, the technical and fundamental analyses support a continued bull run. JHVEPhoto Thesis In an article written around a year ago, I initiated Palantir Technologies Inc. ( NYSE: PLTR ) at a buy rating and the stock has advanced over 100% since then. I had correctly called Palantir an AI bargain. Today, while no longer at bargain levels, I still believe it is a buy as the near term and intermediate term technical analyses show that there is still r
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PLTR
News
- OpenAI expands footprint as it leases Manhattan office space: report [Seeking Alpha]Seeking Alpha
- Rings of Power Season 2 Lore Analysis: Checking Every Episode Against Tolkien's Writings [CNET News]CNET News
- Palantir: S&P 500 Inclusion Validates Long-Term Thesis, But Time To Be More Careful [Seeking Alpha]Seeking Alpha
- Palantir: Highest Data Management Standards From Battlefield To Boardroom [Seeking Alpha]Seeking Alpha
- Palantir: Considering Taking Profits (Rating Downgrade) [Seeking Alpha]Seeking Alpha
PLTR
Earnings
- 8/5/24 - Beat
PLTR
Sec Filings
- 10/4/24 - Form 144
- 10/4/24 - Form SC
- 10/3/24 - Form 4
- PLTR's page on the SEC website