As one of the top technology performers in the market this year, no one can deny the extraordinary performance of big-data analytics specialistPalantir Technologies Inc(NASDAQ:PLTR). Since the beginning of this year, PLTR stock gained almost 350%. At the same time, the equity sector's gravitational pull always risks the possibility of an incoming correction.

Admittedly, the bulls enjoy a wealth of arguments favoring a continued push into Palantir stock. For one thing, the underlying industry of artificial intelligence has taken the world by storm. A study released by Cognizant Impact early this year noted that generative AI...