16.03.2025 11:15:00

Meet the Monster Stock that Continues to Crush the Market

Palantir Technologies (NASDAQ: PLTR) is one of the market's hottest growth stocks. When the data mining and analytics company went public via a direct listing on Sept. 30, 2020, its stock opened at $10 a share. But as of this writing, it trades at about $76 -- so a $10,000 investment would have grown to $76,000 in just four-and-a-half years.That same investment in an S&P 500 index fund would only be worth about $16,700 today. Let's see why this monster stock outperformed the market by such a wide margin, and if it still has room to run after generating those multibagger gains.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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