Is Palantir's AI Edge Enough to Justify Its Price?
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Palantir Technologies (NYSE: PLTR) has experienced a significant stock price increase in 2024, with a year-to-date rise of about 240% and a full-year increase of 195%. The article questions whether Palantir's AI capabilities justify its current stock price.
November 13, 2024 | 2:00 pm
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Palantir Technologies' stock has surged 240% year-to-date in 2024, driven by its AI capabilities. The article questions if this growth is justified by its AI edge.
Palantir's stock has seen a significant increase, largely attributed to its AI capabilities. However, the article raises questions about whether this growth is sustainable or justified, suggesting a neutral short-term impact as investors may reassess the stock's valuation.
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