Palantir stock soared by more than 20% after it reported first-quarter earnings.
Palantir (PLTR 0.56%) upgraded its profit forecast for the year, and investors appreciated the update. Fool.com contributor and finance professor Parkev Tatevosian revisits his buy recommendation on Palantir stock after the earnings announcement.
*Stock prices used were the afternoon prices of May 8, 2023. The video was published on May 10, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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