One of the biggest standout successes over the course of 2024 has been Palantir (NYSE: PLTR), one of the premier data analytics companies in business today.
Palantir's stock has surged 65.88% since October 2024, driven by strong earnings and revenue growth, surpassing market expectations. Despite a high forward P/E ratio of 156.35x, Palantir's price-book ratio of 29.98x is comparable to industry peers, indicating reasonable valuation. Key support levels are at $40.90, with potential upward targets near $72, supported by strong bullish momentum and ...
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