$Palantir (PLTR.US)$ In the field of artificial intelligence...

In the field of artificial intelligence (AI) software, Palantir stands out. Since its inception in 2003, Palantir has been in the AI business. Originally designed to assist governments in processing data to provide actionable insights, it later expanded into the public sector, opening up new ways to do business.
With decades of expertise, Palantir is becoming the go-to for companies looking to incorporate AI models and decisions into their business. Investors noticed the momentum and poured into the stock one after another.
I personally think Palantir is a top AI choice, and I gave myself three reasons to buy it.
1: Palantir's latest product is a huge success
Although some of Palantir's AI tools have been around for a while, its latest product, the Artificial Intelligence Platform (AIP), is getting a lot of attention. While AIP probably should have taken a better name (Palantir's other products have cooler names like Foundry, Gotham, and Apollo), it clearly explains what it does. AIP provides customers with the tools they need to integrate AI into everyday workflows. By centralizing all data flows in one place, AIP helps businesses make decisions based on the most current information they have. It also allows large-scale language model integration (the technology behind generative AI), further providing users with the ability to automate and streamline workflows. Palantir's management has been using the term “unprecedented” when discussing AIP requirements, and the platform will be a major revenue driver for years to come.
2: Revenue growth is accelerating
Palantir's revenue growth is accelerating due to “unprecedented” demand. In the first quarter, revenue grew 21% to $634 million, the fastest growth rate since the end of 2022. But Palantir didn't stop there. In the second quarter, management expects revenue to reach $651 million, indicating a 22% increase in revenue. Accelerated growth is something investors love to see, and its faster growth rate helps to justify stock prices. However, Palantir isn't just a company that pursues growth at any cost.
3: Palantir's profit margin continues to improve

After Palantir began to achieve meager profits in 2023, profit margins continued to rise steadily, which, combined with accelerated revenue growth, could be a very strong combination. Palantir's management understands that investors want to see profits in the end, so they are aligning with shareholder expectations.

*Personal opinion only... no buying and selling opinions