Palantir [PLTR] is a software company that aggregates data sets and complex information so the company can make real time decisions.
It is very impressive how Palantir plans to gather all these Data driven patterns, analyze and be able to duplicate the software based on company needs. They deploy software for large institutions like the Department of Defense and recently started to work with commercial enterprises.
They are unique contractors to the government. According to GAO, The government spent over $90 billion on information technology systems alone, best believe Palentir is one of them.
HOW STABLE IS PLTR STOCK?
Due to their business model, it makes it hard for PLTR to be evaluated. We don’t know alot about them because they’ve been private for so long. They are not like other consumer businesses that allow the end user to see all data, they allow you to see data only part of your respective level. This is all done under one central operating system.
RISK FACTOR
PLTR competitors pose no major risk especially on the commercial side. This right here is a sign of major profit in the long term if they are able to deliver.
As for the balance sheet without digging to all the details there’s not much to be concerned about. To simplify it, they have plenty of cash flow to work with while their liability slightly reduced from the prior year.
They carry a great number of risks and uncertainties, there risks is mostly around the stock and not with any competitors.
Regardless of how volatile the stock is – I believe they will be profitable in the long term. I have a 10+ time horizon on it so I won’t be selling anytime soon.
When comparing with other tech giants growth history, PLTR stock is undervalued and present a great opportunity to buy the dip.
Future plans
The more I learn about this company the more I get hooked. I plan to continue to increase my position every month until I reach one hundred shares.
Don’t forget I’m a long term dividend investor after all.
