Palantir Is Now a Sports Betting Stock. Does That Make PLTR a Buy Here?

PLTR stock also trades at a forward price-to-earnings (P/E) ratio of 148.6 times versus 21.5 times for the sector. As such, the valuation still asks for near-perfect execution.At its core, Palantir is a software company that sells data analytics and AI platforms to governments and large businesses, helping them make decisions from messy, real-world data. PLTR stock has already had a big move — up 90% over the past 52 weeks even after dropping 15% year-to-date (YTD) — suggesting that investors are still adju ...