PLTR Stock: Buy Or Sell Palantir At $160?

Palantir Technologies stock (NASDAQ: PLTR) has experienced a minor sell-off, decreasing by approximately 16% over the past three weeks. Although Palantir is still more than double its value year-to-date, there are a few concerns regarding the stock, which has benefited from a surge in interest in generative AI and an influx of new government contracts following Donald Trump's re-election as President of the United States.