Is Palantir Technologies Your Path to $1 Million by 2040?

If you invested $10,000 in Palantir Technologies (NASDAQ: PLTR) at the end of 2022 and held the stock until today, you'd have over $200,000 in the company's shares today. It seems like there's nothing in the world that could slow down the AI stock from soaring higher over the next 15 years. The unfortunate truth is that it's very unlikely you can turn a small investment in Palantir into $1 million by 2040 if you started today.Even a substantial and ongoing investment into the stock will struggle to turn into $1 million in 15 years. For example, if you invested $2,000 per month into Palantir, you'd have to earn returns well above the market's historical average for the entirety of the 15-year period in order to end up with $1 million.Here's why investors shouldn't expect Palantir stock to repeat its performance of the last two-and-a-half years well into the future.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool