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Here's Why ClearBridge Growth Strategy Invested in Palantir Technologies (PLTR)

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The article from MSN Money discusses why ClearBridge Growth Strategy decided to invest in Palantir Technologies (PLTR). Palantir, known for its data analytics and software platforms, has been recognized for its growth potential due to several factors. Firstly, the company has shown a significant increase in its customer base, particularly in the commercial sector, which now accounts for a larger portion of its revenue than government contracts. This shift indicates a broadening market acceptance and potential for higher margins. Secondly, Palantir's platforms, like Gotham and Foundry, are becoming integral in various industries for real-time data integration and decision-making, enhancing operational efficiencies. Additionally, the article highlights Palantir's strategic focus on AI and machine learning, which are expected to drive future growth. ClearBridge sees Palantir's ability to leverage its technology in new markets, its robust financial health, and its potential for sustained growth as key reasons for their investment.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/here-s-why-clearbridge-growth-strategy-invested-in-palantir-technologies-pltr/ar-BB1re9PA ]