Reported 7 days ago
Palantir Technologies, recently added to the S&P 500, has experienced a remarkable 845% increase in stock price since early last year, fueled by its advancements in artificial intelligence. Despite concerns regarding its high valuation, an analyst believes it still presents a buying opportunity, forecasting potential future gains as the company grows its commercial revenue significantly. With a strong backlog of deals and a strategic approach to market, Palantir is positioned well within the evolving AI landscape.
Source: YAHOO