It just means its valuation has gotten far ahead of its business. It also doesn't mean PLTR is a meme stock either, so you may want to go with the inverse Cramer crowd on this one.

That said, there’s more to Palantir stock than just meme-stock momentum. There’s a real business behind the PLTR stock symbol, and it’s growing rapidly and profitably. At the right price ...

On a stochastic view — that is, devoid of any other context aside from the temporal — historical pricing data for PLTR stock reveals an upward bias. A position entered at the beginning of the week has ...

Kolanovic’s comment references the stock's rapid ascent, which has been fueled by investor enthusiasm for artificial intelligence and government contracts. Palantir, once considered a niche defense ...