NYSE:PLTR Palantir Technologies the most Controversial and Patriotic Investment?
Recently IPO’d, after an initial sell off where some higher-ups sold some Class-A shares for profits and income... Palantir is slowly regaining steam. It has already increased its revenue up approx 50% in the 1st half of 2020 compared to the same timeframe in 2019... Continues to gain more contracts in multiple sectors... Government, Corporations, Industrial...
Important Recent News: Oct. 22, 2020 7:47 am ET Palantir is helping the United States Track COVID-19 Vaccines along with providing healthcare providers locations of those infected.
As well as ARK Investment Group added a decent chunk of Palantir to their ARKW ETF.
Causing a change in Momentum.
The Data Analytics & AI Software Sector has a projected 40% CAGR... Something to think about...
Compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a specified period of time longer than one year.