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StockNews.com
StockNews.com
Business
David Moadel

Fresh Government Contracts Should Give Palantir Stock a Boost

  • Palantir Technologies < PLTR> stock is trading at a highly attractive price point.
  • Moreover, the company's recent collaborations with government entities should convince the skeptics of Palantir's true value.
  • Investors should consider a stake in Palantir shares while they're still irrationally priced.

InvestorPlace contributor Joseph Nograles recently reminded us all to be greedy when others are fearful. Can we apply this old Warren Buffett concept to Palantir Technologies < NYSE:PLTR>, though? The answer is yes, as PLTR stock is underpriced and investors ought to put it on their radar and in their portfolio.

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