It’s been a tough year for many tech stocks. As the Trump Administration’s unpredictable tariffs, the messy trade war with China, and elevated rates drive investors toward more conservative investments, many high-growth tech plays lost their luster.
Yet one stock that bucked that sell-off was Palantir (NASDAQ: PLTR). At the time of this writing, Palantir has rallied more than 40% year-to-date, while the Nasdaq has declined over 10%. Let’s see why Palantir stayed hot in this chilly market — and if it’s still worth chasing at these levels.
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