Comparison of MSTR and PLTR data analytics stocks, with Palantir seeming to be the better investment.
From Nasdaq
October 3, 2024 2:16:16 pm:
MicroStrategy (MSTR) and Palantir Technologies (PLTR) are two data analytics stocks worth evaluating. MicroStrategy is heavily tied to bitcoin, while Palantir focuses on human-driven data analysis. MSTR shares have soared 25% in the last three months, while PLTR stock has doubled year-to-date. MicroStrategy holds less than $500 million in operating revenues annually, with its valuation largely based on bitcoin holdings. Palantir just became profitable in 2022, with a price-to-earnings ratio that remains elevated. Although both companies receive neutral ratings, Palantir seems to be the better investment choice. Wall Street offers MicroStrategy a Strong Buy consensus rating based on seven Buys, while Palantir has a Hold consensus rating with more Sell ratings. Investors should watch and wait for potential buying opportunities in both MSTR and PLTR.
Read more at Nasdaq: MSTR vs. PLTR: Which Data Analytics Stock Is Better?