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Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies Within a Year
Palantir Technologies stock returned 240% in the past year, bringing its market value to $199 billion as of March 2. But certain Wall Street analysts think Shopify (NYSE: SHOP) and Advanced Micro Devices (NASDAQ: AMD) will top that figure within a year.Those forecasts may be too aggressive, but I do believe Shopify and AMD can achieve $200 billion market values within 12 months, topping what Palantir is currently worth in the process. Here's why.Image source: Getty Images.Continue reading
Palantir Technologies stock returned 240% in the past year, bringing its market value to $199 billion as of March 2. But certain Wall Street analysts think Shopify (NYSE: SHOP) and Advanced Micro Devices (NASDAQ: AMD) will top that figure within a year.
Those forecasts may be too aggressive, but I do believe Shopify and AMD can achieve $200 billion market values within 12 months, topping what Palantir is currently worth in the process. Here's why.
Image source: Getty Images.
