1. Palantir's 2024 strong results, including 38% YoY revenue growth and a $1.25 billion adjusted FCF, justify upgrading it back to a BUY. 2. The company's commercial revenue surged by 54%, balancing its reliance on government contracts and driving future growth. 3. Palantir's software, especially Palantir Prix, continues to deliver high margins and strong customer results, enhancing its valuation justification. Despite a lofty valuation, Palantir's rapid growth and AI-driven market demand make it a compelling investment opportunity for the decade.