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Down 25% From Its High, Is Palantir Stock a Smart Buy?

·4 min read
Down 25% From Its High, Is Palantir Stock a Smart Buy?
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Palantir Technologies (NYSE: PLTR) has quite the backstory. Often referred to as Silicon Valley's most secretive start-up, the company started by building software for the U.S. intelligence community. In fact, the Pentagon and CIA deployed Palantir's Gotham platform in Iraq and Afghanistan, where it allegedly played a role in helping the government locate Osama bin Laden.