Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

There's plenty of evidence that Palantir 's ( PLTR 1.39%) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at, and few (if any) have worked out well for investors.

Palantir Technologies (PLTR) is an artificial intelligence (AI)-powered tech stock that has captured Wall Street's imagination in 2024. With a market cap of nearly $150 billion, Palantir stock has returned 280% to shareholders year-to-date.

Palantir’s stock is in the bubble territory. The potential normalization of the company’s growth rate and the recent selling of shares by insiders

Let's take a closer look at both the buy and sell cases regarding Palantir stock to help you decide. Palantir has established itself as one of the leading data gathering and analytics companies in the world through its work with the U.