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WKN DE: A113R6 / ISIN: US67011P1003

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27.05.2025 13:47:00

This Key Palantir Partner Was a Victim of DOGE Cuts, but Now the Stock's a Bargain

Elon Musk recently stated he was going to "significantly" cut back his time at the newly established Department of Government Efficiency (DOGE). While the DOGE initiative is officially sanctioned to run through July 4, 2026, a lot of the prospective cuts to government funding have already been reviewed.As such, it's probably a good time to look at government-oriented consultancy stocks that have sold off in the recent austerity push.Perhaps no other consultant has been demonized as much as Booz Allen Hamilton (NYSE: BAH), just due to the fact that it gets 100% of its business from the U.S. government. But that exposure is because of Booz's mission-critical position at the nexus of Defense, Intelligence, and leading-edge tech. For instance, Palantir (NASDAQ: PLTR) inked a big partnership with Booz Allen last December to implement its AI software for Defense agencies. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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NOW Inc When Issued 13,00 0,78% NOW Inc When Issued
Palantir 108,78 0,50% Palantir