Prediction: Palantir Stock Is Going to Soar After Nov. 26

2024 has been a milestone year for data analytics company Palantir Technologies (NYSE: PLTR). Perhaps most important event for the company was its addition to the S&P 500 earlier this year -- an achievement few thought was possible just four years ago when Palantir went public and was quickly written off as a glorified government contracting and consulting operation with no real technology capabilities.That narrative has come to an end. Over the last couple of years, Palantir has entered a new phase of growth thanks to the company's successful launch of a new software suite called the Artificial Intelligence Platform (AIP).All of these factors have contributed to notable interest in Palantir stock over the last several months. At the time of this writing, shares of Palantir have gained 283% year to date. With the stock hovering around an all-time high valuation, can it possibly keep climbing higher?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool