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Will Palantir Be a Trillion-Dollar Stock by 2040?

·4 min read
Will Palantir Be a Trillion-Dollar Stock by 2040?
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Palantir Technologies (NYSE: PLTR) has been a volatile and polarizing investment since its direct listing last September. The bulls claimed its data-mining platforms would continue to grow as it signed more government and enterprise contracts. The bears pointed out that Palantir was too heavily dependent on government clients, its enterprise business faced too many competitors, it was deeply unprofitable, and its stock was too expensive.