The Biggest Risk to Palantir Stock Has Nothing to Do With Its Valuation

Key Points Palantir's revenue growth has been accelerating over the past few quarters. CEO Alex Karp said its competitive edge is based on its ability to create customized models while also ensuring clients' data privacy. Palantir stock trades at one of the more expensive price-to-sales ratios in the S&P 500. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) is one of the most expensive stocks in the S&P 500 , trading at 160 times trailing 12-month sales. That's a major premium.