With shares up by over 40% since Nov. 4, Palantir Technologies (NYSE: PLTR) has been a clear beneficiary of Donald Trump's victory in the 2024 presidential election. But is this rocket-ship rally backed by fundamentals? Let's dig deeper into how the next four years could play out for the data analytics company and its investors. A leader in military and law enforcement analytics Palantir Technologies helps the government and other clients with big data analytics, which involves analyzing massive volumes of information to discover patterns and actionable insights. It monetizes these services through a software-as-a-service (SaaS) business model, where the client gets continuous access to its platforms for a recurring fee.
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