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Is Palantir Stock a Buy Right Now? A Bullish Case Despite the YTD Pullback

Is Palantir Stock a Buy Right Now? A Bullish Case Despite the YTD Pullback

TradingKey – Before I get to my optimism, I believe it is worthwhile explaining why Palantir Technologies Inc (NASDAQ: PLTR) is currently at the present trough. First, according to Euronews, Palantir is facing headwinds in the European market by citing that the use of Palantir services risks the sovereignty of Europe. Well, while this could sound appropriate in the lens of self-sustenance for Europe, Palantir remains the company you don’t want, but you actually need.  

Let’s see it from another perspective, what I mean here. After these headwinds, Palantir’s expansion in Europe is still happening. For example, according to EUPerspectives, European financial institutions are still increasing their shareholding at Palantir by nearly…

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