Buying the Dip on Palantir Stock? Read This First

The adage among investors these days is to "buy the dip" whenever stocks head into a bear market. This tactic can work in certain circumstances, but it's a dangerous game to play with hypergrowth stocks trading at extreme valuations. Sometimes, these types of stocks can not only fall 20%, but also another 80% or more in a downturn.Palantir Technologies (NASDAQ: PLTR) has the potential to be one, for instance. Palantir shares have fallen 34.5% from all-time highs, but according to some valuation metrics, it is still by far the most expensive large-cap technology stock investors can buy right now.Before buying the dip on Palantir, read this first. It might just change your mind.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool