Reported about 1 month ago
As the S&P 500 prepares for its quarterly rebalance on September 20, investors are questioning whether to invest in Palantir Technologies, which has met profitability criteria for inclusion yet has not been added. While its recent growth, driven by AI demand, appears promising, risks such as reliance on government contracts and high stock valuation (P/E ratio of 89.5) cannot be overlooked. Investors are advised to consider dollar-cost averaging for long-term holdings, despite the stock's potential momentum leading up to the index change.
Source: YAHOO