Wall Street Is Divided on This AI Stock. Here’s Why I’m Bullish.
This company’s growth opportunity could be huge. Palantir Technologies (PLTR +4.11%) 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)…