Shares of Palantir Technologies (NASDAQ: PLTR) were up in May. The company's stock finished the month up 11.3%. The move came as the S&P 500 (SNPINDEX: ^GSPC) was up 5.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 7.9% during the month.

Palantir (NASDAQ: PLTR) has been proving naysayers wrong time and time again, and it currently trades at $132 after rising 519.2% in the past year. The fundamentals and growth ehre are definitely solid, but most analysts agree that it is not as solid to sustain PLTR ’s current valuation.

Shares of fast-rising AI software titan Palantir (NASDAQ:PLTR) have defied the odds and expectations once again, blasting off to new highs in mid-May, shortly after the post-Liberation Day tariffs sent the broad S&P 500 reeling into correction territory.