Many investors seem to have an opinion about Palantir (NASDAQ: PLTR). The company can be politically polarizing, so even those outside the investing community may have a strong opinion on the business itself. However, one thing that most investors seem to agree on is that the stock isn't textbook cheap. After a torrid run in recent years, Palantir trades at lofty market multiples. This doesn't necessarily make the stock overvalued. There are cheap stocks that are overvalued. There are also expensive ones ...