Palantir Fell Today — Is It Time to Buy the Stock?
From Yahoo Finance: 2025-04-21 19:12:00
Palantir (NASDAQ: PLTR) stock fell 3.2% amid a broader market sell-off, with the S&P 500 down 2.4% and the Nasdaq Composite down 2.8% on Monday. President Trump’s comments on Federal Reserve Chair Jerome Powell caused uneasiness among investors, with Palantir stock now down 27% from its high.
Despite a 4.8% intraday drop, Palantir stock has a high valuation at 164 times expected earnings and 56.5 times expected sales. The company is a leader in AI software with strong growth among government customers. Despite today’s decline, Palantir stock is up 20% in 2025, showing resilience in market volatility.
Considered a high-risk stock with a forward-looking valuation, Palantir is a top player in AI with long-term growth potential. The Motley Fool’s Stock Advisor analysts identified 10 best stocks to buy now, but Palantir wasn’t among them. Past recommendations like Netflix and Nvidia have yielded significant returns, outperforming the S&P 500.
The Motley Fool’s Stock Advisor has a total average return of 792%, surpassing the S&P 500’s 153%. Joining Stock Advisor gives access to the latest top 10 list for potential investments. Palantir Technologies is recommended by The Motley Fool, with no position by Keith Noonan.
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