PE vs. PEG, Why Analists Are Wrong
I studied corporate finance and worked for Citi. I've calculated and assigned value to many companies. PE is not the correct metric for high growth companies like Palantir. You must use PEG to get an accurate long-term price prediction. Using PEG, Palantir's stock is not overvalued. Don't be shortsighted on Palantir's stock price. Use the volatility to DCA and increase your position.
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