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Is Palantir Technologies a Buy?

TheMotleyFool

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Is Palantir Technologies a Buy?Photo, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Has there been a bigger artificial intelligence (AI) winner than Palantir Technologies (NASDAQ: PLTR)? The company has thrived on the accelerating demand for AI software and applications, fueling rabid demand for its stock. Shares are up a whopping 330% over the past year alone.

Recently, the stock has pulled back and is currently about 10% off its high. Is this a buy-the-dip opportunity or the early stages of a bubble bursting?

Palantir has a legitimate runway for years, perhaps decades, of growth. However, much-needed context could impact whether you buy shares. Is Palantir a buy? Let's find out.

Source Fool.com

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