Cathie Wood’s $170M Bet On Palantir - Why The Market Is Wrong About PLTR Stock (The Truth)

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What is going on with Palantir technologies ticker symbol PLTR and why is Cathie Wood so interested in the stock AND its MASSIVE potential for disruption. I talked about PLTR for the first time a long time ago back when it was at around 18 dollars a share. It has seen some very interesting movements since then, going from 38 dollars to 25 dollars a share AND NOW ON FRIDAY going up a whopping 15% back to the 28 levels. This is due to Cathie Wood and Ark Invest announcing that they bought 5.3 MILLION NEW SHARES right on the dip on Thursday. Let’s make sense of this buy and understand exactly what CATHIE WOODS see in Palantir.

The initial drop we saw in this stock happened was due to their recent earnings report showing lower profits than the market expected. But if you actually look at the earnings report you quickly see what Cathie Woods is talking about in the interview I will show later. And that is the fact that PALANTIR doesn’t even care about their earnings right now, and their CEO even SAID THAT HIMSELF. This entire sector is growing rapidly and we all know how the big data and information technology revolution will CHANGE everything in the future. And in an environment like that with Palantir in the forefront it just doesn’t make sense to focus on MAXIMIZING earnings today when you can establish yourself and take more market shares instead in order to be very profitable in the future.

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Видео Cathie Wood’s $170M Bet On Palantir - Why The Market Is Wrong About PLTR Stock (The Truth) канала Financial Dragon