Reported 18 days ago
Palantir Technologies has experienced significant growth in 2024, with shares surging over 300% and the company recently joining the S&P 500. A key date approaching is December 13, when the Nasdaq-100 index is set to be reconstituted, raising the possibility of Palantir being added to this prestigious index. While analysts are optimistic about Palantir's growth driven by its Artificial Intelligence Platform, concerns remain regarding its high valuation. Investors are advised to consider a long-term strategy rather than making hasty decisions based solely on potential index inclusion.
Source: YAHOO