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Sorry, But No Deal! Wait For A Better Price With Palantir Stock

It’s easy to build a bullish argument for Palantir Technologies (NYSE:PLTR), a well-known provider of security products and services. Yet, while acknowledging the company’s growth opportunities, I encourage you to be cautious with Palantir stock. It’s just too pricey, and the optimism surrounding Palantir is overdone.

Sure, it’s tough to be a contrarian or a value-focused investor when everybody and his uncle loves Palantir Technologies. Looking at both sides of the Palantir bull-bear debate could save your portfolio from what I call the “buy high, sell low” syndrome.

This post appeared first on InvestorPlace.