Palantir's Revenue Growth Surges

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The Motley Fool

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Palantir Stock Jumps as AI Powers Growth. Is It Too Late to Buy the Stock?

Summary

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Palantir Technologies ( NYSE : PLTR ) shares rocketed higher after the company once again reported accelerating revenue growth and boosted its full-year guidance.

The company said its AI Platform (AIP) is seeing "unprecedented demand" within its U.S. commercial business, helping add new customers as well as expanding within existing customers.

The stock has nearly tripled in price year to date and is now trading at a forward P/S ratio of 34.5 .

Seiler: Now is the best time to buy Palantir Technologies before it’s too late to buy the stock.

Seiler suggests taking at least some partial profits.

Right now, we’re issuing “ Double Down ” alerts for three incredible companies.

There may not be another chance like this anytime soon.

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