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When it comes to Palantir Technologies (PLTR), the bears have been losing the tug-of-war game in the market quite badly. So much so in fact that you’ll have to pay the fattest premium among large-cap companies if you want to have a stake in PLTR. Almost everyone can agree that artificial intelligence (AI) is driving this rally, but no one knows how long it can last.
Palantir stock is up 62% in the year to date. Analysts expect earnings to grow 287.5% this fiscal year and then slow down to 6.45% in the next fiscal year.