Why It May Not Be Too Late to Invest in Palantir
Shares of Palantir Technologies (NYSE: PLTR) have been hot this year, rising more than 125% since the start of January, and it's now trading at a 52-week high. Last year, Palantir incurred a $374 million net loss. In a recent letter to shareholders, CEO Alex Karp said that management expects the business to be profitable throughout the rest of the year.