Is Palantir Stock Still a Smart Buy in This Market?

Palantir Technologies (NASDAQ: PLTR) has arguably been the biggest winner of the artificial intelligence (AI) boom over the past three years. Its AI-driven platforms offer incredible benefits for users, and it operates in a niche space with sticky business.There's no question that performance is strong and the runway is long. However, having climbed nearly 2,000% over the past three years, Palantir stock has become obscenely expensive. It trades at a price-to-sales ratio of 118 and a forward one-year P/E ratio of 256. Given the high opportunity but rich price, is Palantir stock a smart buy today?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool