Stock Market Sell-Off: Should You Buy the Dip on Palantir Stock?
Shares in government-focused data analytics company Palantir Technologies (NASDAQ: PLTR) hit their all-time high of $124.62 in February 2025. At the time, the company was soaring amid optimism about the Trump presidency, which many expected to be beneficial for technology deregulation and the U.S. military industry. Some of these tailwinds remain. However, with Palantir's shares down 29% from their peak, investors are clearly getting skittish about the company's future. Let's dig deeper into the pros and cons of Palantir stock to decide if it's time to double down or jump ship.On April 2, the Trump administration dashed Wall Street's optimism by announcing sweeping "reciprocal tariffs" on most of the U.S.'s trade partners. This move sent many tech stocks into a tailspin because of their complex international supply chains and foreign operations, which could make them the targets of retaliation. However, Palantir bucked this trend. Continue reading
Shares in government-focused data analytics company Palantir Technologies (NASDAQ: PLTR) hit their all-time high of $124.62 in February 2025. At the time, the company was soaring amid optimism about the Trump presidency, which many expected to be beneficial for technology deregulation and the U.S. military industry.
Some of these tailwinds remain. However, with Palantir's shares down 29% from their peak, investors are clearly getting skittish about the company's future. Let's dig deeper into the pros and cons of Palantir stock to decide if it's time to double down or jump ship.
On April 2, the Trump administration dashed Wall Street's optimism by announcing sweeping "reciprocal tariffs" on most of the U.S.'s trade partners. This move sent many tech stocks into a tailspin because of their complex international supply chains and foreign operations, which could make them the targets of retaliation. However, Palantir bucked this trend.
