Millionaire Makers: Palantir’s Wall Street Wonder

Meet Laurence Cohen, a 42-year-old businessman from London who made a bold bet on Palantir in 2020. With over $10,000 invested in just one stock, his life savings were all on the line. But Cohen’s gamble paid off: Palantir’s shares skyrocketed by 1,600% since its public listing, making Cohen a millionaire overnight. The data-analytics company has become a holy grail for Wall Street investors, with some speculators even buying corporate merchandise and pitching their parents to invest in Alex Karp, the company’s CEO. Cohen says he wouldn’t have anything if he was wrong about Palantir – but it looks like his bet paid off in a big way.

Source: https://www.marketwatch.com/story/they-bet-everything-on-palantir-and-became-millionaires-inside-the-markets-ultimate-cult-stock-9e6ebb91