Palantir (PLTR) got its start building systems for the Central Intelligence Agency. In fact, the clandestine organization was one of Palantir’s original investors. Since that time, executives have moved the business to work with other western governments and some corporate clients.The focus at Palantir is data, databases and artificial intelligence systems. The Denver, Colo.-based company runs its custom algorithms against diverse sets of data collected from both private and public sources, then software presents the findings in an easy to analyze format.The simplicity of using these systems is attracting a lot of public and private sector attention.Executives said in July that third-quarter revenues reached $392 million, up 36% year-over-year. Although the company is still unprofitable as

To me as a technical analyst i wont go predict what is going to happen. Up then up down then down, follow your strategy and trade. We are no body to predict the market afterall. The market is play by big boys, if everyone of us know what they plan to do they can retire d.And base on above mentioned of valuation/PE, well, those big brand Pe too high doesn’t mean crash will come right ? Cant the market rotate to lower pe stocks? PE is the best way to gauge a crash? It just show for time being market dont hv good revenue growth company to let investors to choose so they rather spend more valuation into those good company?