Palantir Technologies Inc. (PLTR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

We recently published a list of 10 High-Valuation Stocks to Buy According to Billionaires. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other high-valuation stocks to buy according to billionaires.

Palantir Technologies ( PLTR 6.43%) stock charged higher on Monday, climbing as much as 7.1%. As of 2:03 p.m. ET, the stock was still up 5%. The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was its addition to an elite group of stocks.