High expectations aren't bad as long as you deliver the goods. Data analytics and artificial intelligence (AI) software company Palantir Technologies (NYSE: PLTR) did that when it announced Q2 earnings, sending investors racing to buy up shares. The AI hype has been intense for the past few years, but Palantir is one of the few companies delivering real-world results.

Now, the question is whether Palantir's business performance justifies buying what has become one of Wall Street's hottest stocks.

Here's what you need to know.

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Source Fool.com