Palantir Technologies Has Been the S&P 500's Hottest Stock Over the Past Year, and It's Not Even Close. Can Its Incredible Rally Continue?

Palantir Technologies (NASDAQ: PLTR) is a data analytics company that leverages artificial intelligence (AI) to provide its customers with many opportunities to cut cost and add efficiency to their day-to-day processes. Business is booming and the company now has a market cap in excess of $320 billion.It's now more valuable than UnitedHealth Group, Coca-Cola, Wells Fargo, and many other large and well-known businesses. That's impressive for a company that went public less than five years ago, and whose market cap was once as low as $12 billion.But with shares of Palantir up a staggering 430% over the past 12 months (the next best stock on the S&P 500 is up 210%), can it still be a good buy right now?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool