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Dan Ives optimistic on Palantir, warns of underestimated $4 trillion spending wave

The Motley Fool +1 ·

PLTR Palantir Technologies Inc
$209.05 +5.17%
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  1. 1Dan Ives said investors are underestimating the scale of the $4 trillion spending wave.
  2. 2Palantir recorded a 93% revenue growth rate in the recent quarter ending late June.
  3. 3Palantir shares have risen more than 20% over the past month.

So what's the key point?

Investors are viewing the upcoming $4 trillion in spending too small. Palantir has seen its revenue grow by 93% and its stock price has risen significantly.

Source The Motley Fool +1 · View original ↗

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