Another Reddit dastard has delivered surprisingly strong earnings. Palantir reported positive EPS for the first quarter and upbeat full year profitability. There is some acknowledged concern that growth is going to slow, but as government contracts fuel revenue growth and earnings trend positive palantir is looking to soar in after hours.
I started a small position sun $10 and have a few calls for 2024. This earnings is exactly what I was hoping to see and if earnings stay positive it looks like the stock may be in a good spot to buy/hold. Any thoughts on earnings from the crowd?
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