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Palantir Tech's $140 Billion Market Cap Gain Is Driven By Trump's Victory And Higher Defense Spending Hope - Is The Stock Overvalued?
Summary
Palantir's stock value has tripled in a year, surpassing Lockheed Martin,with high hopes for increased gov't spending on security,immigration,& space exploration. Deep ties to gov't & AI advancements drive growth. Analysts wary of high valuation & CEO's insider sales.
Original Article
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Read Full ArticleArticle published on November 20, 2024 by benzinga