Reported 1 day ago
Palantir's stock has surged 407% in the past year and shows strong growth potential in AI software for data analysis, yet its valuation is exceedingly high with a recent P/E ratio of 211. Due to this overvaluation, caution is advised before investing, despite the company’s promising future. As the market watches for better opportunities, analysts are recommending alternative stocks that may outperform Palantir.
Source: YAHOO