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MarketBeat
Business
Chris Markoch

Palantir Setting Up to Be a Big Winner With New Defense Spending

[content-module:CompanyOverview|NASDAQ:PLTR]

There’s no shortage of news about Palantir Technologies Inc. (NASDAQ: PLTR). At its AIPCon event on March 13, the company showcased a long list of companies in the public and private sectors that are now working with it.

Despite a steady stream of new contracts, most analysts remain fixated on Palantir’s valuation, which is understandable for short-term traders. Even among technology stocks, PLTR looks expensive at current levels.

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