If You Had Invested $10,000 in Palantir at the Start of the Year, Here's How Much You'd Have Now

Palantir Technologies (NASDAQ: PLTR) has been wowing investors quarter after quarter with its revenue growth and its stock price performance. The software company has seen sales take off in recent years as both government and commercial customers pile into its artificial intelligence (AI)-driven solutions. And the recent quarter showed that this momentum is going strong, with revenue reaching more than $1 billion.This is fantastic, but it's also driven valuation to shocking levels: The shares traded for more than 100 times forward earnings estimates earlier this year and today have reached more than 200. And that has prompted many analysts to call the stock overvalued and recommend avoiding it.So now is a good time to consider the performance of Palantir stock in recent months -- and decide on what may lie ahead. To start, let's take a look at how much you would have now if you had invested $10,000 in Palantir shares at the start of the year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool