Palantir Technologies has a high valuation, but former short-sellers advise against shorting a stock based on valuation alone. The company has a massive opportunity ahead, with strong long-term upside potential. Short-selling can be risky, as stocks can continue to rise indefinitely. While Palantir’s valuation may seem extreme, the company has been executing well and is poised for future growth. Its Artificial Intelligence Platform is being used across various industries, making it a potential long-term winner. Consider investing in Palantir for the long haul, but always do thorough research before investing.
Read more at Nasdaq: As a Former Professional Short-Seller, I Would Never Short Palantir Stock. Here’s Why.