Reported 3 days ago
The article predicts that by 2030, both Axon Enterprise and MercadoLibre will surpass Palantir's valuation. Palantir, having seen a remarkable increase of 349% in stock value in 2024, faces pressure due to its inflated price-to-sales ratio. In contrast, Axon is benefiting from government spending trends and innovative AI developments, while MercadoLibre's consistent growth and market expansion in Latin America position it well for the future. Both stocks present better investment opportunities compared to Palantir.
Source: YAHOO