Is this high-flying AI stock worth the price of admission?

Most investors hunting for artificial intelligence (AI) winners focus on the obvious suspects -- chip makers, cloud providers, and model builders. But what if the real money is being made by the companies that make AI actually useful?

Palantir Technologies ( PLTR -2.52% ) sits at the intersection of raw data and billion-dollar decisions. It turns information chaos into competitive advantage for the world's most critical organizations.

What's the catch? You'll pay 118 times trailing-12-month sales for the privilege of owning it. That's a staggering premium when ServiceNow trades at 16x sales and Snowflake at 15x.

The pricing assumes near-perfect execution in a market that may not exist at the scale investors are b

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