![]() Of course, defense is an issue that both sides of the aisle can agree upon. Representative Alexandria Ocasio-Cortez is a notable example. So, you have to pick your spots with this one.Īnd as for politics? Well, some members of Congress have expressed distaste regarding Palantir’s operations. You can’t blame them, but the concerns are real. As far as overvaluation goes, investors like Palantir a bit too much. In fact, there are only two negatives that shareholders should keep in mind here: overvaluation and politics. These all but guarantee a very successful future. ![]() Meanwhile, investors can be content with the company’s strong recurring cash flows from government contracts. However, Palantir is looking to change this via a multipronged strategy, although it will take time for the shift to happen. At the moment, the business is tilted toward the former. Palantir has two product offerings, Gotham and Foundry, which cater to government agencies and private firms. But it has also attracted more and more interest since going public last September. Sure, the company has attracted many controversies. Palantir is a big data analytics company looking to revolutionize the defense industry. And there’s good reason for that sentiment. If you peruse the InvestorPlace page for PLTR stock, you will find that most contributors are very bullish on this one. They are popular on Reddit’s r/WallStreetBets as well as solid in their own right:įirst up on this list of meme stocks is Palantir. That’s why you should check out these seven meme stocks. Still, these traders are also a very loyal bunch, as they have shown on innumerable occasions. You can’t predict these boosts due to the nature of the hype. So, if you are looking to invest, knowing the latest meme stocks can help you pick a name that will see additional boosts from time to time. Recent events also indicate that their influence is still being felt, despite the economy reopening and things getting back to normal. Rather, these investors now have a taste for the stock market. Analysts were hoping that, with the decrease in stimulus, the effect of Redditors would dissipate. It’s perhaps the most powerful change in the way markets function since the days of the dot-com bubble. As one of the most interesting themes to emerge in 2021, Reddit-induced investing has completely upended the markets. Meme stocks show no signs of slowing down.
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