Could A Recession Accelerate AI Adoption And Turn Palantir To A Defensive Play?
Core Viewpoint - Palantir Technologies Inc. is not typically considered a defensive stock despite a significant correction of over 25% from its all-time highs, and it continues to trade at a high P/E ratio exceeding 160 [1]. Group 1 - The company is currently viewed positively by some investors, with a bullish outlook on its stock, US equities, and Bitcoin [1]. - The market sentiment around Palantir remains strong, indicating potential asymmetric investment opportunities despite its high valuation metrics [1].