While Cisco's valuation never fully recovered, the company's current market cap of $236 billion is still far greater than it was during the mid-2000s. This underscores the idea that holding stocks for the long run (several years or even decades) can lead to outsize gains.

With its shares up 58% year to date, Palantir Technologies (NASDAQ: PLTR) embarrassed its naysayers -- it has been repeatedly testing new highs despite calls of overvaluation. Palantir operates at the intersection of two of the market's biggest hype drivers right now: generative AI and President Donald Trump's election.

Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.