Palantir's Big Move: What Does Joining the S&P 500 Mean for Investors? Hosted by MarketBeat StaffSeptember 13, 2024 ShareLink copied to clipboard. Play video for Palantir's Big Move: What Does Joining the S&P 500 Mean for Investors?DetailsGuestsIt’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.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.3222 of 5 stars$65.77+11.1%N/A328.87 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways 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, GuestMarketBeat Contributor, MarketBeatChris 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.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatMissed Nvidia? 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Hosted by MarketBeat StaffSeptember 13, 2024 ShareLink copied to clipboard. Play video for Palantir's Big Move: What Does Joining the S&P 500 Mean for Investors?DetailsGuestsIt’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.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.3222 of 5 stars$65.77+11.1%N/A328.87 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways 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, GuestMarketBeat Contributor, MarketBeatChris 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.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | Sponsored7 Gold Stocks to Buy as the Metal Hits an All-Time HighEven its biggest critics can't deny that it's been a great year to own gold. More accurately, gold has had a g...MarketBeatMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored7 Nuclear Energy Stocks to Buy on Growing DemandThe question isn't if nuclear energy is making a comeback, but why? There are several answers, starting with t...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Technology Stocks That Analysts Love The MostThere are more than 1,100 technology companies traded on public markets in the United States. Many of these co...MarketBeat
