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Top Investor

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business5 months ago

Top Investor Praises Palantir's Growth and Secular Potential

Palantir stock has surged over 500% in the past year, driven by its AI platform and government contracts, with a top investor optimistic about its upcoming Q2 earnings potentially boosting shares further despite high valuation concerns. The company's growth in AI adoption and defense work positions it well, though the market remains cautious with a consensus hold rating and a 31% downside target.