Data-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it's still misunderstood by many on Wall Street.
In a note on Tuesday, analysts pointed out that a 1980 estimate of cell phone users by 2000 was just 900,000. The actual number of mobile subscriptions that year was more than 100 million. Meanwhile, such early forecasts also failed to see the advent of mobile apps and smart devices.
