Last year, the words "stock split" rang out across the market pretty often. Some of the world's biggest and most exciting companies across industries from tech giant Nvidia to top retailer Walmart and fast-casual chain Chipotle Mexican Grill launched these operations -- to the delight of investors.

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Monday amid increasing AI competition concerns from China's DeepSeek.

The first time I ever heard about Palantir (Nasdaq: PLTR), several years ago, it was pitched to me as an “equity crowdfunding opportunity” to make a private investment, and a rare chance to buy into one of the hottest defense IT stocks on the planet before its IPO.

In terms of performance, Palantir Technologies ( PLTR) was one of the hottest stocks of 2024. The stock price soared 340% last year while joining both the S&P 500 and Nasdaq-100 indexes. Given that it has already had such a strong run, investors may be wondering if the stock is still a buy. Let's investigate.