Palantir Surges on Strong Growth. Is It Too Late to Buy the Stock?

Palantir Technologies (PLTR -0.39%) stock continued its rapid ascent after the data analytics and artificial intelligence (AI) software company reported strong fourth-quarter results that once again showed accelerating revenue growth. The stock is up a whopping 510% over the past year, as of this writing.Palantir has become one of the biggest AI winners on the software side, but with that has also come a frothy valuation. Let's dive into the company's latest results to determine whether it's too late to buy ...