Palantir Technologies: Shares Are Nearing The Tipping Point
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-17 01:09
hapabapa One of the most impressive stocks over the past year has been Palantir Technologies (NYSE:PLTR). From one year ago today through the present day, shares are up an amazing 86.9%. This move higher has been driven in large part by optimism regarding how the company will benefit from the AI boom. But with optimism comes a risk of overvaluation. You see, back in early May of this year, I wrote an article that took a neutral stance on the company. Over the span of four days around that time, the stoc ...