Palantir Technologies Is One Of The Best Technology Stocks According To Stanley Druckenmiller

November was not very profitable for Palantir Technologies (PLTR). During this month, the shares fell from $26.56 to $18.98, losing a total of 28%. And in the pre-market trading session, the company plunged by 2.21%, and the current price is $18.59.

Despite this, Palantir was included in the list of the former president of Duquesne Capital Stanley Druckenmiller. He compiled this list of the top 10 technology stocks. Stanley Druckenmiller is a billionaire, investor, and philanthropist. Now he has a lot of investments in his family office in New York.

And his portfolio is valued at $3 billion for Q3. In addition to such large companies as MSFT, GOOG, AMZN, FB, Palantir was also included in the list.

On December 2, it became known that Palantir Technologies and Space Systems Command’s Cross-Mission Ground & Communications Enterprise signed a contract worth $ 43 million. The company will continue to support national security goals by providing its platform.

According to the data for the 3rd quarter, the profit per share was only $0.04. And the income for Q3 was $392.15 million, which is $ 5.86 million more than analysts’ estimates. The billionaire himself owns 1.63 million shares of PLTR which he purchased for 39.2 million dollars.