Nvidia vs Palantir: Wall Street Says Buy Only 1 of These 2 Soaring Stocks
Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have been two of the stock market's biggest winners over the past couple of years -- they even delivered the best performances in the Dow Jones Industrial Average and the S&P 500, respectively, in 2024.Investors love these stocks for their positions in the high-growth artificial intelligence (AI) market. Nvidia is the world's leading AI chip designer, and Palantir sells a popular AI-driven software platform that helps customers make better use of their data. Both of these companies have reported soaring revenue and demand, and long-term prospects look bright as well.But Wall Street only recommends buying one of these players. According to Wall Street's average price forecast, one of these stocks is expected to climb nearly 20% in the next 12 months, while the other is expected to decline by 25%. Let's take a closer look at each and then find out which one Wall Street favors right now.Continue reading
Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have been two of the stock market's biggest winners over the past couple of years -- they even delivered the best performances in the Dow Jones Industrial Average and the S&P 500, respectively, in 2024.
Investors love these stocks for their positions in the high-growth artificial intelligence (AI) market. Nvidia is the world's leading AI chip designer, and Palantir sells a popular AI-driven software platform that helps customers make better use of their data. Both of these companies have reported soaring revenue and demand, and long-term prospects look bright as well.
But Wall Street only recommends buying one of these players. According to Wall Street's average price forecast, one of these stocks is expected to climb nearly 20% in the next 12 months, while the other is expected to decline by 25%. Let's take a closer look at each and then find out which one Wall Street favors right now.
