No matter how one views the sheer performance statistics of Palantir Technologies Inc. (NASDAQ:PLTR), it's difficult not to use superlatives. Since the start of the year, PLTR stock has gained more than 134% while in the past 52 weeks, the upside performance pops to over 308%. Since its first public session, the equity has returned early stakeholders 1,826%.
Driving the bull case is the company's robust financial performances. In the second quarter, Palantir posted earnings per share of 16 cents, exceeding Wall Street analysts’ consensus expectation calling for 12 cents. In the year-ago quarter, the big data analytics specialist put up 9 cents per share.
