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Forget Palantir: As Sticky Macro Volatility Hits Tech, This Stock Is A Better Buy
Key takeaways
- Palantir s trailing P/E of 150 and 27% year-to-date decline reflect what happens when AI narrative valuations collide with higher-for-longer capital costs.
- Snowflake s $9.21 billion remaining performance obligations, up 38%, plus a $6 billion AWS deal provide multi-year revenue visibility Palantir s model cannot match.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn t make the cut.
Forget Palantir: As Sticky Macro Volatility Hits Tech, This Stock Is A Better Buy Alex Sirois Thu, June 11, 2026 at 11:09 PM GMT+7 4 min read PLTR SNOW NVDA Quick Read Snowflake surged 58% in a month after delivering 34% year-over-year product revenue growth, yet trades at half Palantir s free-cash-flow multiple.
Palantir s trailing P/E of 150 and 27% year-to-date decline reflect what happens when AI narrative valuations collide with higher-for-longer capital costs.
Snowflake s $9.21 billion remaining performance obligations, up 38%, plus a $6 billion AWS deal provide multi-year revenue visibility Palantir s model cannot match.
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