Why One Tech Stock Darling Might Still Be Too Pricey Despite Recent Dips
Palantir Technologies excels in data analytics and AI, with strong partnerships in the public sector globally. Recent stock decline of 25% has prompted debate on whether Palantir is a sound investment or overvalued. Palantir’s valuation is high, trading at 79 times sales and 165 times forward earnings, leading to concerns about sustainability without equivalent growth. […]
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