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Is Palantir Technologies Stock a Buy Now?


Palantir Technologies (NASDAQ: PLTR) is a software platform provider that has been gaining prominence thanks to the improving demand for its artificial intelligence (AI)-focused solutions, and that has led to a phenomenal increase in the company's stock price in the past year.

Palantir stock shot up 411% in just one year. Let's see why that has been the case, and check if buying this AI stock after such remarkable gains would be the right thing to do.

Image source: Getty Images.

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Source Fool.com

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