It’s been big news for Palantir! Following the announcement that Palantir (PLTR) is joining the S&P 500, the stock surged by 15%. In this video, MarketBeat analyst Chris Markoch breaks down what this milestone means for Palantir and its investors. We dive into the immediate market reaction, the factors that finally got Palantir into the S&P 500, and the potential impact of increased institutional ownership on the stock's future.
Chris also shares insights on the stock’s current valuation, analyst price targets, and what might happen next. Is Palantir still a good buy at this price, or should you wait for a pullback? If you’re invested in Palantir or considering buying in, this video has all the information you need to make informed decisions.
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Bridget Bennett, Host
Associate Editor, MarketBeat
Always the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.
Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.
When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.
Chris Markoch, Guest
MarketBeat Contributor, MarketBeat
Chris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.
