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Palantir TechnologiesThe Motley Fool
•83% Informative
Palantir Technologies' third quarter revenue was up 30% year over year and 7% quarter over quarter .
The data mining and AI specialist eclipsed even the high end of analysts' expectations.
Management raised the company's full-year revenue guidance to $2.8 billion .
The company's remaining performance obligation ( RPO ) -- or sales not yet booked as revenue -- climbed 59% .
If Palantir can earn even a small slice of this opportunity, the stock will be worth much more five to ten years down the road.
For those put off by the stock's lofty valuation, look for opportunities to buy on any weakness or simply dollar-cost average into the stock.
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