PLTR: long term growth stock review
November 21, 2020
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Tom Nash Episodes Around November 21, 2020
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17:41Now PlayingPLTR: long term growth stock review
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as posted by the channelIn this video I will share with you one of the best stocks to buy now and hold. This is a long term growth stock with a 5X growth potential and beyond. I beleive that this is one of the best stock to buy now and one of the best stocks to not only buy now, but hold it for long term. Now you know I don't hide my bottom line, NEVER, I don't play these games, so here is the bottom line: I think that this stock is PLTR, i.e. a company by the name of Palantir. Here is why I think PLTR will go huge based on my research. Palantir – PLTR – is a data analytics company, and it has an impressive list of clients, which includes various government agencies as well as private companies in the financial and healthcare industries. The company is named after Tolkin’s Lord of the Rings Magical seven seeing stones which had magical powers, letting you see things that are out of the plain sight and maybe even hidden. ARK is one the investors, which is always a great signal, and with 31 billion dollars in market cap, its becoming an interesting player in the stock market game. The share price spiked from 9 to 18 in about 60 days, but I think this is just the beginning. One important misunderstanding about PLTR is that it DOES not trade in data, unlike social media companies often do, it doesn’t aggregate and monetize its clients information. It has a completely different model. In fact, it can’t. PLTR deals with MASSIVE information, and does not index and personal or identifiable information since its pretty much useless for large global prediction purposes. PLTR is everything but a BIG DATA SOCIAL MEDIA company, in fact its all about selling its software, not its gathered data, software that gives its client a decision making assistance tool. Hence its Lord of The Rings name reference. Beyond cool names, it is important to understand that this is company that should be compared to Snowflake rather than Facebook for example. If you take a look now, the valuation is 25X price to sales, which overvalued if you compare to Facebook with its 10.17 but if you compare it to SNOW's 125 price to sales ratio, than you see it has 5X potential embedded inside. SNOW is not a direct competitor, but it’s a good benchmark for valuation purposes. Love Tom/
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