Palantir Technologies offers the decision-making software that makes AI data centers worth their cost. Although a handful of companies are in this software space, Palantir is the market leader. While it's unlikely Palantir stock will perform as well again during the coming five years,

While the operational momentum is clearly solid, investors should pay closer attention to the risks. History shows Palantir stock can fall hard as sentiment shifts.

Palantir is riding twin engines of growth with its commercial and government contracts. Will it be enough to sustain its valuation?