Reported 3 days ago
Palantir Technologies has seen tremendous growth, primarily due to its Artificial Intelligence Platform, boasting a 1,000% increase in stock value. However, its valuation is exceptionally high, trading at 72 times sales. Investors might find better opportunities in Nvidia and C3.ai, both of which offer significant growth potential at attractive valuations. Nvidia, with a price-to-earnings ratio of 27, and C3.ai, trading at just over 7 times sales, could be more appealing choices for constructing a millionaire portfolio.
Source: YAHOO