The Memo

The Memo

Is Palantir the AI stock of 2024?

A Company That Enables Humans, not Robots

Pyramatrix Trading Group's avatar
Pyramatrix Trading Group
Apr 01, 2024
∙ Paid
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A Championship Dream Team:

Peter Thiel - Co-Founder & Chairman
Alex Karp - Co-Founder & CEO
Andrew Cohen - Co-Founder & President
David Glazer - Chief Finanical Officer
Shyam Sankar - Chief Technical Officer
Ryan Taylor - Chief Revenue Officer
Joseph Lonsdale - Co-Founder

What They Do:

Palantir (PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the U.S., U.K., and internationally.


Fundamental Analysis:

The standout here is that PLTR has high profit margins and a super strong balance sheet:

With total assets at 3x the total liabilities, it literally exempts them from the risk of bankruptcy as a new AI company. Their cash position smacks of stability which provides them a solid foundation to continue execution on future growth.

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