Palantir Technologies made investors rich fast. The company gave shareholders a 695% return since January 2024. The stock jumped 2,000% since January 2023. The company led the S&P 500 higher last year. Palantir remains the top performer again this year.
The stock costs more than any other company on the S&P 500. Palantir trades at 109 times its sales revenue. Texas Pacific Land comes second at 35 times sales. Palantir costs three times more than the next most expensive stock. The company could drop 67% and still be the most costly stock.
Palantir builds artificial intelligence software platforms. The company created tools that help businesses use AI for data analysis. Their Artificial Intelligence Platform lets workers talk to computers about company data. Forrester Research named Palantir the leader among AI companies. AI platform sales will grow 41% each year through 2028.
History shows expensive software stocks always crash hard. Five software companies traded above 105 times sales during the past 20 years. Each stock fell at least 70% from peak prices. The average drop was 80% across all five companies. Palantir matches their expensive price patterns perfectly.
The stock costs more than any other company on the S&P 500. Palantir trades at 109 times its sales revenue. Texas Pacific Land comes second at 35 times sales. Palantir costs three times more than the next most expensive stock. The company could drop 67% and still be the most costly stock.
Palantir builds artificial intelligence software platforms. The company created tools that help businesses use AI for data analysis. Their Artificial Intelligence Platform lets workers talk to computers about company data. Forrester Research named Palantir the leader among AI companies. AI platform sales will grow 41% each year through 2028.
History shows expensive software stocks always crash hard. Five software companies traded above 105 times sales during the past 20 years. Each stock fell at least 70% from peak prices. The average drop was 80% across all five companies. Palantir matches their expensive price patterns perfectly.
