Palantir Stock Up 76% YTD: Should You Buy or Wait for a Pullback?
Palantir Technologies(PLTR) ZACKS·2024-09-07 02:51
Palantir Technologies Inc. (PLTR) has witnessed a remarkable 75.7% year-to-date rise, easily surpassing the broader industry’s 16.5% rally and the Zacks S&P 500 composite’s 16.9% growth.Year-to-Date Price PerformanceImage Source: Zacks Investment ResearchAs of the last trading session, the stock closed at 33.12, and it continues to trade above its 50-day moving average. This reflects the prevailing optimism among investors, many of whom are eager to tap into the rapi ...