Should You Buy Palantir Stock Now or Wait for a Dip?
Shares of Palantir Technologies (NYSE: PLTR) have been hot this year, trading up around 40%. Strong earnings numbers and an encouraging outlook for the data analytics company -- thanks in part to artificial intelligence (AI) -- have growth investors bullish on the stock's long-term future.
The one reason investors may be hesitant to buy the stock is that there are growing concerns about a possible bubble when it comes to AI stocks, and with Palantir trading near 52-week highs, investors may be tempted to hold off on investing in the stock.
Are you better off waiting for Palantir's shares to dip as part of a bursting bubble before potentially investing in the business, or should you buy the stock now regardless of a potential dip?
Source Fool.com
