Is the Newest Member of the Nasdaq-100 -- a 764% Gainer Since Its IPO -- a Buy Going Into 2025?

Outside of megacap technology companies, I'd argue that data analytics specialist Palantir Technologies (NASDAQ: PLTR) is the hottest name in the artificial intelligence (AI) realm. Palantir marked a lot of milestones this year -- most recently the company's entrance into the Nasdaq-100 index.While Palantir's early days as a public company were pretty rocky, the company has really come into its own over the last two years. Of course, Palantir can credit its current growth trajectory to unprecedented demand for AI. But with shares gaining 764% since its initial public offering (IPO), is now a smart time to invest in Palantir?Below, I'm going to break down Palantir's foray into the AI landscape and take a close look at the company's tailwinds. Moreover, I'll detail a thorough valuation analysis to help you determine if buying Palantir stock is right for you.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool