Should You Buy Palantir Before Nov. 4?
Palantir Technologies (NYSE: PLTR) has been one of this year's artificial intelligence (AI) winners, posting double-digit gains in revenue, reporting its biggest quarterly profit ever, and watching its shares soar in the triple digits. The software company helps its customers aggregate their data and make better use of it -- and results could be game-changing as these customers become more efficient, cut costs, and potentially develop major new products and services.
Palantir's latest earnings report, back in August, showed just how successful this 20-year-old company has become in recent times: Palantir lifted full-year guidance for total revenue, U.S. commercial revenue, and adjusted income from operations. Considering all of that good news, you may be confident about more to come in the next earnings report, scheduled for Nov. 4. Should you get in on the stock before then? Let's find out.
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Source Fool.com
