TSLA
Tesla
-- 230.160 NVDA
NVIDIA
-- 109.830 PLTR
Palantir
-- 77.930 AAPL
Apple
-- 223.940 MSTR
Strategy
-- 243.750 
Palantir’s Next Big Milestone! Is Nasdaq-100 Entry Around the Corner?
$Palantir (PLTR.US)$ With its stock soaring over 300%, escalating its status as a prominent force in the AI sector, and becoming part of the S&P 500 index, Palantir stands as a success story. Yet, as the year draws to a close, another noteworthy development may be on the horizon for this tech giant. December 13 is set to be an essential date for investors, as the Nasdaq-100 index undergoes its annual reconstitution.
Is Palantir Stock a Smart Buy?
While a potential place in the Nasdaq-100 could fuel further stock growth, investors must weigh additional factors. Palantir’s robust growth forecast and Wall Street optimism, particularly regarding its AI Platform, are promising. Yet, its elevated valuations, with a price-to-sales multiple of 63.5 and a forward P/E ratio of 149, signify caution. The anticipated run-up could result in a correction, but such a dip might offer a tactical long-term buying opportunity. Observing and employing a dollar-cost averaging strategy could be wise for investors eyeing Palantir’s long-term journey.
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