Comment by raffael_de
4 hours ago
I don't understand why Palantir is always thrown in with the AI bunch. Yes, they market products using AI. But their core business is products and consulting for surveillance. I'm bullish for Palantir because I'm bearish on freedom. All major democracies are turning into surveillance states. And von der Leyen is making sure EU does as well.
Yo, they're trading at 450 P/E. Enough said, really. Whatever's going on, it's plainly detached from physical reality -- nothing they sell or provide can possibly justify their valuation.
They are a boogeyman like Soros
It maybe it's because their value makes absolutely no sense.