You can hear investors screaming about how overvalued Palantir (PLTR) stock is after this week’s earnings report. Heck, investors were telling the same story a year ago, but the stock is still trading more than 400% higher.
Two simple words… They’re Wrong!
What a lot of investors don’t understand is that the market’s appetite for a stock is the only thing that matters when it comes to a company’s valuation. Just ask anyone that bought Amazon (AMZN) in 1997 with a P/E Ratio of 800+ or any other successful company in its infancy.
I put together a new YouTube video addressing Palantir’s valuation, explaining why “value” investors are wrong and how this stock still has tremendous upside of more than 50%.
Click the video below to get the full story.