Strategy 2025. Introducing Palantir, BTC Killer Of The Year 2024
It's gone 3 months or so since Palantir stock has joined on Friday, September 20 Stock Top Club, also known as S&P 500 stock index SPX .
Palantir was one of the strongest contenders for inclusion in the broad market S&P500 Index. This inclusion, as well as Dell (DELL), came after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also joined the index earlier in this year 2024.
Since that, Palantir stock became the best (i.e. #1) S&P500 index performer this year, with current +375% YTD return in 2024, being highlighted at 80.55 USD per share - the new all the history peak reached last Friday, December, 19 at regular session close. What is most important also, even recent Federal Reserve (The US Central Bank) hawkish projections on monetary policy in 2025 were not able to stop the only game in the city, or even make a pause on Palantir leadership.
Since Palantir stock is rallying 7th month in a row, the stalkers remain decently far away, swallowing the galactic dust of Palantir shares.
Judge for yourself.
One of the nearest pursuer, Nvidia Corporation NVDA (# 4 out of all S&P500 index performers in 2024) is nearly to finish the year of 2024 with +170% return, i.e. lagging against Palantir behind twice. The quite similar things happen with the most popular and heavy c-coin, also known as Bitcoin BTCUSD that is currently +130% YTD return in 2024. What is most important also, Palantir stock outperforms both - S&P500 index, Nvidia Corp. and Bitcoin 7th straight month in a row. In human words that means, Palantir stock monthly returns (every single month from May to December 2024) were better against each of mentioned above assets.
What is Behind this?
On November 4, 2024 Palantir Technologies has announced financial results for the third quarter ended September 30, 2024.
“We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down. This is a U.S.-driven AI revolution that has taken full hold. The world will be divided between AI haves and have-nots. At Palantir, we plan to power the winners,” said Alexander C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies Inc.
Q3 2024 Highlights
• U.S. revenue grew 44% year-over-year and 14% quarter-over-quarter to $499 million • U.S. commercial revenue grew 54% year-over-year and 13% quarter-over-quarter to $179 million • U.S. government revenue grew 40% year-over-year and 15% quarter-over-quarter to $320 million • Revenue grew 30% year-over-year and 7% quarter-over-quarter to $726 million • Closed 104 deals over $1 million • Customer count grew 39% year-over-year and 6% quarter-over-quarter • GAAP net income of $144 million, representing a 20% margin • GAAP income from operations of $113 million, representing a 16% margin • Adjusted income from operations of $276 million, representing a 38% margin • Rule of 40 score of 68% • GAAP earnings per share (“EPS”) grew 100% year-over-year to $0.06 • Adjusted EPS grew 43% year-over-year to $0.10 • Cash, cash equivalents, and short-term U.S. Treasury securities of $4.6 billion • Cash from operations of $420 million, representing a 58% margin and $995 million on a trailing twelve month basis • Adjusted free cash flow of $435 million, representing a 60% margin and over $1 billion on a trailing twelve month basis.
Is the stock growth fundamentally deserved? Definitely, "Yes".
Palantir stock Alpha
What is Alpha? Alpha (a) is a term used in investing to describe an investment's ability to beat (outperform) the market, or its “edge.” Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, or any other asset (even against simple sitting in a cash) when adjusted for risk.
The main graph represents a comparison across Bitcoin and Palantir stocks. Since Palantir outperforms BTC twice over the past 12 months (watch lower "percent bar chart" subgraph), so why isn't to continue the play, by staying in a long with Palantir, and kill "the new oranges" respectively.
Trade aktif
February 4, 2025
👉 A month ago or so you've asked:
1️⃣ What was your best trade this year (2024)?
2️⃣ What is your trading goal for 2025?
💖Were we right, what is Best of the Best in 2025?
💖 Exactly... so far..! (even we are not winners Merry Christmas contest).
👉 Palantir stock has recently jumped to as much as $99 per share (bold +25% year-to-date return in 2025)
👉 BTC is positive also in 2025, but mostly still in Turbulence mode, since 100k target hasn't been achieved by the end of 2024, and a lot of uncertainty is in the Air.
Catatan
February 4, 2024
Palantir is currently # 1 Top performer in 2025, out of all S&P500 bodies.
👉 +36.50% YTD so far in 2025
👉 +486% over last twelve months
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