Is Palantir Stock a Buy Now?
Palantir Technologies (NASDAQ: PLTR) quickly became one of the most popular artificial intelligence stocks over the past few years, with its shares gaining 400% in the past year alone. Palantir's artificial intelligence software and services help the U.S. government and private companies make sense of complex data, giving them the ability to make more informed decisions.
While some AI tools are more sizzle than steak, Palantir's AI software continually attracts customers, and its contracts are expanding, proving its services add real value.
With the company's share price on a tear and Palantir putting up impressive quarterly results, is now a good time to buy Palantir stock? Here's why investors are drawn to Palantir, and one word of caution if you're about to hit the buy button.
Source Fool.com
