I think Palantir Technologies Inc. could act as a defensive stock during a "Trumpcession" due to its alignment with U.S. government priorities and AI-driven cost efficiencies. Strong ties with U.S. administrations, regardless of party, bolster Palantir's stability. As a software company, Palantir is also largely unaffected by tariffs and potential retaliatory measures. A recession may accelerate AI adoption. In this article, I showcase many deals that make it clear how Palantir is a leader in AI applications.
Earlier this month, the Nasdaq Composite experienced a sell-off and fell into bear market territory over concerns related to global tariffs. Additionally, there are fears of a recession coming this year, which could inevitably slow down spending on artificial intelligence (AI), and technology as a whole.
Palantir Technologies Inc. stock's stellar recovery has outperformed the market and its software peers, underscoring the market's confidence. Palantir is well-positioned to benefit from the reallocation of defense spending toward AI defense contractors. The recent NATO contract win validates its progress toward the transatlantic alliance, broadening its opportunities.
NATO's MSS deal signals Palantir Technologies Inc.'s role as core AI infrastructure for Western defense; 129 Q4 deals, $1.73B backlog, and 40% YoY growth validate long-term recurring revenue trajectory. At ~60x sales, PLTR stock trades like a strategic asset, not a standard SaaS; its tech moat and alignment with rising global defense AI demand justify a $120 18-month PT. Risks include Taiwan, Iran, and China-EU tensions, but conflicts may accelerate demand; Palantir's quasi-monopoly in democratic security tech offsets cyclical macro and procurement slowdowns.
C3 AI (AI) has fallen more than 55% off last year's high. While George Tsilis notes C3 AI has room to turn its stock price direction back around, he believes investors are looking for the "best of breed" industry plays to lead in market volatility.
Palantir Technologies Inc. NASDAQ: PLTR stock shot over 4% higher on April 14 after the announcement that Palantir and NATO will partner to improve NATO's defense capabilities and fighting prowess.
In the last seven days, Palantir stock (NASDAQ: PLTR) has seen prices increase by 14.07%, up to $91.68 at press time on April 15.
Palantir (PLTR 4.48%) stock posted big gains in Monday's trading. The software company's share price closed out the daily session up 4.6% and had been up as much as 9.9% earlier in the session.
Major U.S. equities indexes ticked higher to start the new trading week after the Trump administration announced smartphones, computers, and other electronics would be exempt from "reciprocal" tariffs, even as Commerce Secretary Howard Lutnick suggested that the carve-outs could be only temporary.
Palantir Technologies Inc (NASDAQ:PLTR) stock is up 4.7% at $92.69 at last check, enjoying tailwinds after President Donald Trump's tariff update included exemptions for the semiconductor and tech industries.
The continuing threat of a far-reaching trade war and on-again, off-again tariffs has sparked historic volatility in the stock market in recent weeks. The dour mood resulting from ongoing correction has been offset by waves of euphoria, with investors latching onto any positive developments to bid up stocks from recent lows.
Shares of Palantir Technologies Inc. (NASDAQ: PLTR) gapped up nearly 4% through a.m.