Wall Street Is Divided on This AI Stock. Here's Why I'm Bullish.

Palantir Technologies (NASDAQ: PLTR) posted another blockbuster earnings report in early February. Its fourth-quarter revenue surged 70% year over year, accelerating from the 63% growth in the previous quarter. The main dilemma for investors considering the stock is valuation. It's expensive, trading at a forward price-to-sales ratio (P/S) of 48 times and a forward price-to-earnings multiple (P/E) of 100 at the time of this writing. Many investors recognize the quality of Palantir's business, but the avera ...