Palantir: A Strong AI Stock to Watch Beyond Nvidia in 2024

Reported about 1 year ago

Amidst the AI trend, Palantir (NYSE: PLTR) emerges as a promising company benefiting from the AI tailwind beyond Nvidia. Palantir's sticky business model, focused on serving governments and massive corporations with robust and tailored software tools, shows potential for growth in the commercial segment. Leveraging AI solutions and existing client relationships, Palantir aims to scale its business and tap into the transformative power of AI, evident in the 40% surge in U.S. commercial revenue in Q1 2024.

Source: YAHOO

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