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Is It Too Late to Buy Palantir Stock?

TheMotleyFool

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Is It Too Late to Buy Palantir Stock?: https://g.foolcdn.com/editorial/images/773099/gettyimages-1459488727.jpg

One of the rising stars in the artificial intelligence (AI) arena is Palantir Technologies (NYSE: PLTR). For many years, Palantir sold three data-analytics software suites: Foundry, Gotham, and Apollo.

Last April, Palantir released its fourth flagship product: the Artificial Intelligence Platform (AIP). Its launch has been nothing short of a home run, helping the company quickly expand beyond its previous focus on government contracts.

This newfound growth, coupled with euphoria surrounding AI, caused shares to rise 167% last year. With the stock up another 24% so far in 2024, investors might be thinking they've missed out on Palantir.

Source Fool.com

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