In terms of performance, Palantir Technologies ( PLTR) was one of the hottest stocks of 2024. The stock price soared 340% last year while joining both the S&P 500 and Nasdaq-100 indexes. Given that it has already had such a strong run, investors may be wondering if the stock is still a buy. Let's investigate.

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Monday amid increasing AI competition concerns from China's DeepSeek.

Unless Palantir's management gives an unbelievable projection of 40% to 50% revenue growth for 2025, its stock is likely highly overvalued. As a result, I don't think investors should buy Palantir stock before Feb. 3; instead, they should consider selling some.

Palantir shares are getting a lift in early trading. It's possible that buyers are stepping in after U.S. President Donald Trump revoked an executive order from 2023 that aimed to reduce the risks of