Could Buying Palantir Technologies Stock Today Set You Up for Life?

While the advent of generative AI is relatively recent, Palantir Technologies (NASDAQ: PLTR) has been providing data mining and artificial intelligence (AI) solutions for over two decades. While the company's earliest customers were government entities, the biggest opportunity right now is AI for enterprise. By providing turnkey solutions to everyday business problems, Palantir has established itself as a leading provider of AI software, which has fueled the company's impressive growth.Palantir's prospects and impressive execution haven't been lost on investors, who have been scooping up shares at a rapid pace, and the combination of operational and financial performance has fueled a soaring stock price. In fact, Palantir was the best-performing stock on the S&P 500 (SNPINDEX: ^GSPC) in 2024, notching gains of 341%. The stock has retained that title so far this year, gaining 80% during the first six months of 2025. The stock surge has come with a corresponding spike in its valuation, even as Palantir's profits have accelerated.With that as a backdrop, could buying Palantir today set you up for life? Let's see what the evidence suggests.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool