Palantir Stock Jumps as AI Powers Growth. Is It Too Late to Buy the Stock?
PLTRPalantir Technologies(PLTR) The Motley Fool·2024-11-08 17:30

The stock has nearly tripled in 2024.Palantir Technologies (PLTR 0.63%) shares rocketed higher after the company once again reported accelerating revenue growth and boosted its full-year guidance. The stock has nearly tripled in price year to date.While Nvidia has become the winner of artificial intelligence (AI) infrastructure, Palantir is beginning to establish itself as one of the biggest AI winners on the software side. Let's take a closer look at the company's third-quarter results and whether it's too ...