Palantir Stock: Bull vs. Bear
Palantir Technologies (NYSE: PLTR) has been a battleground stock since the company had its initial public offering in September 2020. While the data analytics and artificial intelligence (AI) company's share price is still down 51% from its all-time high, it has been putting up a great performance in 2023. The stock is up roughly 199% year to date.
In the wake of that gain, is Palantir stock still worth buying? Two Motley Fool contributors offer contrasting views.
Keith Noonan: While the shock of AI's big leaps forward over the last year may have dissipated somewhat, it's important to keep in mind that this revolutionary technological shift is still just starting to unfold. Palantir built an early lead in its corner of the AI, analytics, and data services space, and its competitive advantages look likely to become more pronounced as new customers sign on and scale their usage of its platforms.
Source Fool.com
