Is It Finally Time to Take Profits in Palantir Stock?

By Parkev Tatevosian, CFA – Mar 22, 2024 at 5:52PM

NYSE: PLTR

Palantir Technologies

Market Cap

$50B

Today's Change

(3.73%) $0.81

Current Price

$22.52

Price as of April 26, 2024, 4:00 p.m. ET

Palantir's stock price has increased substantially since I recommended it as a buy.

Fool.com contributor Parkev Tatevosian reviews the recent developments at Palantir (PLTR 3.73%) and answers if it is a good time to take profits.

*Stock prices used were the afternoon prices of March 20, 2024. The video was published on March 22, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.