Is Palantir Still a Millionaire-Maker Stock?
Palantir (NASDAQ: PLTR) has minted many millionaires during the past three years. The artificial intelligence (AI) software company hovered near penny-stock territory in 2023 and is currently valued at about $125 per share. It used to trade for more than $200 per share at its all-time high, showing how much the stock has gained in recent years.
However, some investors may be concerned that most of the gains are in the past. The millionaire-maker stocks of yesterday aren't always the millionaire-makers of today. Palantir has some compelling fundamentals that suggest it can flip the script, but there are some meaningful hurdles new investors face.
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Source Fool.com
