5 Robinhood Stocks To Buy That Are Too Cheap To Ignore

3. Palantir Technologies Inc. (NYSE: PLTR)

Number of Hedge Fund Holders: 35

Share Price as of November 28: $7.28

Palantir Technologies Inc. (NYSE: PLTR) is an information technology company building and deploying software platforms for the intelligence community in the US. The company’s work assists in counterterrorism investigations and operations.

Palantir Technologies Inc. (NYSE: PLTR) is considered to be a revolutionary company in the data sector, offering its customers the chance to benefit from the ability to generate synergies from its side. Now is the perfect time to buy in the company, as the stock’s share price has dropped almost 80%, while it still represents an impressive portfolio of software assets and growth potential. The company outperformed in the third quarter, with its revenue growing by 22% year-over-year to $478 million, US revenue alone growing by 31% year-over-year to $297 million, and its government business surpassing the $1 billion revenue mark on a trailing three months basis.

Our hedge fund data shows 35 funds long Palantir Technologies Inc. (NYSE: PLTR) in the third quarter, with a total stake value of $431 million.