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.

Palantir (NASDAQ:PLTR) shares finished 2024 with a bang. Despite the recent plunge into a bear market (20% dip), shares remain up more than 137% in the past six months, around 312% in the past year, and a shocking 863% in the last two years.

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.