3 Green Flags and 1 Red Flag From Palantir's Q2 Earnings Report

Palantir Technologies (NYSE: PLTR) stock continues to move higher after it reported second-quarter earnings. The big-data company's stock price is up over 160% so far this year amid rising enthusiasm for its artificial intelligence (AI) capabilities.

Not surprisingly, the report brought investors mostly good news. Nonetheless, some struggles emerged, and investors need to weigh those challenges against its attributes to determine whether this software-as-a-service (SaaS) stock is still worth buying.

Let's look at three green flags and one red flag that emerged after reviewing the Q2 report.

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Source Fool.com