Here's Why Palantir Technologies Inc. (PLTR) is a Strong Growth Stock

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score assesses stocks based on future earnings and financial health [4] - Momentum Score evaluates stocks based on price trends and earnings outlook [5] - VGM Score combines all three styles to provide a comprehensive rating [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in portfolio building [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, averaging a +23.93% annual return since 1988 [7] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [9] Stock Highlight: Palantir Technologies Inc. - Palantir Technologies, founded in 2003, specializes in software platforms for the intelligence community [11] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong potential [11] - Palantir is projected to achieve a year-over-year earnings growth of 70.7% for the current fiscal year, supported by upward revisions from analysts [12] - The Zacks Consensus Estimate for Palantir's earnings has increased by $0.04 to $0.70 per share, with an average earnings surprise of +16.3% [12]