Can Palantir Be a Trillion-Dollar Company?
Palantir Technologies (NASDAQ: PLTR) is a polarizing name. For years, critics dismissed it as an overhyped defense contractor disguised as a tech firm. However, the narrative shifted lately.
The company is experiencing rapid growth in commercial markets. Its new artificial intelligence (AI) platform is gaining traction and is now profitable. Shares surged 484% in the past year (as of writing), making it one of the largest companies globally, with a $374 billion market capitalization.
Investors now face a big question: Could this new phase of Palantir's evolution eventually make it worth $1 trillion?
Source Fool.com
