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Is Palantir Stock a Buy?

TheMotleyFool

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Is Palantir Stock a Buy?Photo, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

This has been a good year for Palantir (NYSE: PLTR) shareholders. The data analytics company, which offers specialized artificial intelligence (AI) platforms for the military, intelligence agencies, and large corporations, achieved phenomenal top-line growth and is finally generating a profit. And with conflicts escalating around the globe, Palantir's tools are making a difference for the U.S. and its allies.

The stock is up a whopping 115% year to date and its growth shows no signs of slowing down. Investors love the speed at which it is adding new customers, its focus on AI, and its improving profitability.

But is the stock a buy right now?

Source Fool.com

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