Palantir Is Executing Perfectly. History Says It Won't Be Enough.

Palantir Is Executing Perfectly. History Says It Won't Be Enough.

Key PointsPalantir trades at 87 times sales -- the most expensive stock in the S&P 500 today, and among the priciest in the index's history.Of the 231 S&P 500 companies that have ever reached a price-to-sales ratio of 25 or more, just 21% beat the market over the following year.Even if Palantir's stock price dropped 50% tomorrow, it would still rank among the 150 most expensive companies in S&P 500 history.10 stocks we like better than Palantir …