From Nasdaq: 2025-05-30 16:39:00

Shares of Palantir Technologies (NASDAQ: PLTR) surged 7.7% on Friday, outperforming the S&P 500 and Nasdaq Composite. The New York Times reported on the deepening ties between Palantir and the Trump administration, highlighting the company’s role in aiding various federal agencies. While this relationship could lead to more government contracts, concerns remain about Palantir’s high valuation, with a P/E ratio of 530. Despite this, the Motley Fool Stock Advisor did not include Palantir in their list of top 10 stocks to buy, citing the potential for better returns elsewhere.

Investors are advised to consider all factors before investing in Palantir Technologies or any other stock. The Motley Fool Stock Advisor has a track record of recommending stocks that have delivered significant returns, outperforming the S&P 500. For the latest list of recommended stocks, investors can join Stock Advisor to access valuable insights and recommendations.



Read more at Nasdaq: Why Palantir Stock Jumped Today