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Is Palantir a Millionaire-Maker Stock?


Palantir (NASDAQ: PLTR) has already delivered solid returns to patient investors. If you invested $10,000 in the stock at the start of 2024, that investment is already worth $83,000. That's not a bad return for just a year and a half.

But many investors are wondering whether there is room for upside. After all, Palantir has had quite the run over the past few months. To continue turning that initial $10,000 investment into $1 million, Palantir's stock would need to rise by about 1,100% from today's levels. So, is that a feasible goal?

Image source: Getty Images.

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Source Fool.com

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