Think It's Too Late to Buy Palantir Stock? Here's the Biggest Reason Why There's Still Time.

Up 203% in a year, you could say that Palantir's (NYSE: PLTR) stock is red-hot.

But is too hot to handle? Let's take a look.

Palantir, named after the 'seeing-stones' in Tolkien's Lord of the Rings novels, is an Artificial Intelligence (AI) and data analysis company.