Palantir Stock's Great Week, and a MicroStrategy Security to Buy Now
There is nothing like Palantir Technologies. No big company has a valuation even close to the high-growth cult software provider, whose stock soared almostn 40% in the past week, to a record high of $115, after it reported another strong quarter of earnings.CEO Alex Karp said the company is deepening its "position at the center of the AI revolution," and bulls see it benefiting from Elon Musk's DOGE initiatives.The stock now is up fivefold in the past year, valuing the company at $260 billion.Palantir now commands about 70 times its projected 2025 sales of $3.75 billion and 200 times estimated 2025 adjusted earnings per share of about 55 cents. Strip out an estimated $600 million of stock compensation, and earnings could be closer to 30 cents a share.The company sees revenue rising about 30% this year, as customers gravitate to its AI-infused software, which has paid off for companies like iron-ore giant Rio Tinto.The company has negligible conventional earnings because its smallish so