Is Palantir a Buy, Sell, or Hold After Its Most Recent Earnings Report?
Palantir Technologies (NASDAQ: PLTR) just keeps steaming along. The company had another great earnings report for the third quarter, sending the stock higher again. The year's best-performing stock in the S&P 500 is up 128% just this year, and by an incredible 600% in the last 12 months.Before Palantir's earnings, I noted three of the most important metrics that investors should consider when evaluating the results -- revenue growth, customer growth and the company's backlog. In all three cases, Palantir managed to exceed expectations, which is why the stock is setting new all-time highs.Now that the dust has settled, it's time to take a fresh look at Palantir in the wake of its earnings report. Should investors still be bullish, or is it time to start taking profits? Or perhaps investors would do well to sit back and wait.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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