We recently compiled a list of the Top 10 AI Stocks on Latest Analyst Ratings and News. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against the other AI stocks.
Palantir Technologies ( PLTR 1.43%) went public in September 2020, and shares of the company that made its name by providing analytics and software platforms to federal government agencies have shot up a remarkable 608% since then as of this writing.
Ivan Tsarynny, Feroot Security CEO, joined CNBC’s ‘The Exchange’ to discuss his Congressional testimony about TikTok.
Right now, Palantir is worth roughly $160 billion. However, I think there are a couple of AI stocks that could surpass Palantir in value by 2030. Those two candidates are Snowflake ( SNOW 1.88%) and CrowdStrike ( CRWD -1.76%).
High-flying artificial intelligence (AI) stocks have taken the market by storm, soaring to stratospheric valuations. Many investors think the party will continue considering the potential of AI and the growing market size.
Investment advisory firm Ithaka Group released the “Ithaka US Growth Strategy” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. The outstanding gains that the global equity markets witnessed during the year continued in the fourth quarter of 2024.
Two hot stocks in this sector are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Palantir's shares had surged by more than 300% over the prior 12 months, while SoundHound had skyrocketed by 600%.
Artificial intelligence (AI) is already transforming many industries, but not all tech companies will benefit equally. The companies with the most potential notched their AI lead years ago before their rivals had even jumped on the AI trend.
Shareholders of Palantir Technologies (NASDAQ: PLTR) just had a fantastic year. In fact, only six stocks in the S&P 500 have a higher percentage of sell ratings than Palantir, and the median price target of $39 per share implies a 45% downside from its current price of $71.
Palantir Technologies (PLTR) stock surged following the re-election of Donald Trump to The White House. Despite CEO Alex Karp’s opposition to
Headwaters Capital Management, an investment management company, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. U.S.