3 Tech Defense Stocks That Could Be the Next Palantir
Tech defense juggernaut Palantir Technologies (NASDAQ: PLTR) has been a tour de force over the past 12 months. The company's shares have skyrocketed by a staggering 368% during this period, outpacing both the benchmark S&P 500 and artificial intelligence (AI) titan Nvidia. While Palantir's growth story may be far from over, its shares currently trade at an astronomical 208 times forward earnings, making it one of the most richly valued stocks in today's market.PLTR data by YChartsContinue reading
Tech defense juggernaut Palantir Technologies (NASDAQ: PLTR) has been a tour de force over the past 12 months. The company's shares have skyrocketed by a staggering 368% during this period, outpacing both the benchmark S&P 500 and artificial intelligence (AI) titan Nvidia. While Palantir's growth story may be far from over, its shares currently trade at an astronomical 208 times forward earnings, making it one of the most richly valued stocks in today's market.
