Better Artificial Intelligence (AI) Stock: Palantir Technologies vs. Microsoft
These AI-powered enterprise software giants saw pullbacks in their stock prices, but only one is worth buying right now.
Artificial intelligence (AI) has the potential to change just about every industry under the sun, and businesses are spending heavily to stay ahead of the curb. AI-powered software can automate simple tasks while making knowledge workers more efficient and productive in their jobs. It can also help decision-makers combine relevant data points to make better decisions at a faster pace.
The enterprise AI software market is expected to grow from $98 billion in 2024 to $391 billion by 2030, according to ABI Research. Generative AI solutions, like AI agents, will grow even faster. Two companies stand at the forefront of AI-powered enterprise software: Palantir Technologies (NASDAQ: PLTR) and Microsoft (NASDAQ: MSFT).
Both stocks have soared amid the current bull market, but the recent pullback may be a buying opportunity for one of them. Here's the better artificial intelligence stock right now.
