Palantir Just Became the 20th Most Valuable Company, But Is It a Buy Now?

Palantir stock has increased 475% over the last year. It may come as a surprise to many investors that Palantir Technologies (PLTR -0.10%) is now the 20th most valuable company in the world. It has a market cap of around $372 billion, a notable achievement considering it was barely a large-cap stock during the low point of the 2022 bear market. What the financials say Nonetheless, investors may struggle with managing Palantir stock amid these gains. Current shareholders may wonder whether the stock has rise ...