Should You Buy Palantir Before a Potential Stock Split?

Core Viewpoint - Palantir Technologies has experienced significant stock price appreciation since its IPO, raising questions about the potential for a stock split as the share price approaches levels that may deter some investors [2][4]. Stock Performance - Palantir's stock price has risen from $7.50 at its IPO to approximately $179, representing an increase of over 1,790% since its first day of trading [1][2]. - The current valuation suggests that while the stock has performed well, it may not yet be high enough to justify a stock split [5]. Stock Split Considerations - A stock split could make shares more accessible to a broader range of investors by lowering the share price without affecting the company's fundamentals [4]. - Historically, stock splits have been associated with increased investor interest and bullish momentum [4]. Investment Outlook - For investors anticipating continued growth in Palantir's sales and earnings, purchasing shares now may seem appealing [6]. - However, buying shares solely in anticipation of a stock split may not be a sound strategy at this time [6]. - Notably, Palantir was not included in a recent list of top stock recommendations by The Motley Fool Stock Advisor, which suggests that there may be better investment opportunities available [7].