Palantir Technologies (NASDAQ: PLTR) stock was in red-hot form in 2024 as investors showed increasing interest in this software platforms specialist thanks to strong demand for the company's artificial intelligence (AI)-focused offerings,

Denver, Colorado-based Palantir Technologies Inc. (PLTR) is a leading builder of operating systems that builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations.

I warn of Palantir's high valuation and risks despite strong growth, advising caution on adding shares. Read an investment analysis of PLTR stock here.

Without a doubt, 2024 has been a fantastic year for Palantir Technologies (NASDAQ: PLTR) and its shareholders. Yet as the year draws to a close, you may be wondering where Palantir stock will be one year from now.

Warren Buffett doesn’t know how an iPhone works. So why should investors need to understand how the AI behind Palantir works to think about buying its shares? The post Do I need to know how Palantir’s tech works to consider buying the shares?