In this section of Motley Fool Dwell, recorded on Dec. 7, Idiot contributor Lou Whiteman discusses an obstacle for Palantir (NYSE:PLTR) as the firm seems to be to extend income.
Lou Whiteman: The other point Palantir is operating into quite actually, their tech is almost as well excellent for a great deal of what corporates and governments have to have. It’s much too costly, it really is as well excellent. You can get by with a more affordable off-the-shelf selection.
It is a wonderful problem to have due to the fact we desperately will need that technologies for some things. This is the firm that sniffed out Bernie Madoff. This is the corporation that found Osama bin Laden. This is great tech, but you don’t will need the Rolls Royce to go grocery searching.
I think which is a person of the difficulties that they’re obtaining when they go out and test and do professional product sales and also governing administration sales to extend the business. The tech is pretty much way too excellent for a great deal of the work opportunities and a large amount of the cost profiles that they are wanting for.
This write-up signifies the view of the author, who might disagree with the “official” suggestion posture of a Motley Idiot top quality advisory company. We’re motley! Questioning an investing thesis — even one of our have — can help us all consider critically about investing and make decisions that assistance us develop into smarter, happier, and richer.