Is Planet Labs Stock a Buy Now?

When it comes to big data companies, most investors have heard about Palantir Technologies or Snowflake, but there is one company investors might be overlooking. Planet Labs (NYSE: PL) is capturing an immense amount of data by imaging the entire world daily. 

Planet Labs' vast data resources dating back years could allow its customers to spot trends and predict future outcomes, but is this company a buy today? The company is doing something extremely innovative and it has major growth opportunities, but Planet Labs might only be investable for investors with a highly diversified portfolio. 

Image source: Getty Images.

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Source Fool.com