Think Palantir Stock Is Expensive? This Chart Might Change Your Mind

Palantir (NASDAQ: PLTR) has managed to be relatively resilient amid the recent turmoil in the stock market. As of this writing, the stock is up 17% year to date despite pulling back 27% from the all-time high it reached in February.This is still a premium-priced stock, though. Palantir trades at 158 times this year's expected earnings and 55 times expected sales. That's an extremely bullish valuation -- and one that looks even pricier considering macroeconomic headwinds could slow the company's recent momentum.While there's no doubt Palantir is an expensive stock by these conventional valuation metrics, there is another indicator that puts the stock's price tag in a more reasonable light. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool