In terms of performance, Palantir Technologies ( PLTR) was one of the hottest stocks of 2024. The stock price soared 340% last year while joining both the S&P 500 and Nasdaq-100 indexes. Given that it has already had such a strong run, investors may be wondering if the stock is still a buy. Let's investigate.

Has there been a bigger artificial intelligence (AI) winner than Palantir Technologies (NASDAQ: PLTR)? The company has thrived on the accelerating demand for AI software and applications, fueling rabid demand for its stock.

PLTR stock jumped 340% in 2024 with much of the gain coming after Trump's election win amid views government AI automation will rise.

It has been quite the roller-coaster ride for Palantir (NASDAQ: PLTR) shareholders in the past few years. After going public in 2021, the stock experienced an 80% drawdown in the 2022 bear market. Since then,

The first time I ever heard about Palantir (Nasdaq: PLTR), several years ago, it was pitched to me as an “equity crowdfunding opportunity” to make a private investment, and a rare chance to buy into one of the hottest defense IT stocks on the planet before its IPO.