This Artificial Intelligence (AI) Powerhouse Is Up 274% in 12 Months. But Is It a Buy?
This AI darling is seeing its massive gains unwind amid the market volatility.
The market is suddenly on shaky ground. But sometimes, the mind lets recent events outshine the big picture. Take Palantir Technologies (NASDAQ: PLTR), for example. The powerhouse artificial intelligence (AI) stock has quickly plunged over 30% from its high. Yet, the stock is still up a remarkable 274% over the past year! In other words, things aren't as painful as they might feel.
Of course, that was the past. Potential investors must now look forward to gauge whether this stock is a buy. Should investors buy Palantir now, or is the stock bound to give up more of its past gains?
Here is what you need to know.
