Prediction: 3 Stocks That Will Be Worth More Than Palantir 3 Years From Now
Palantir Technologies (NASDAQ: PLTR) is one of the most popular artificial intelligence (AI) stocks on the market, but it got that way by having a ton of hype baked into the stock. Currently, it sits at a $330 billion valuation; however, its revenue and profits are dramatically smaller than those of every company around it. As a result, I won't be surprised if these three companies are larger than it within the next three years.The three stocks are Advance Micro Devices (NASDAQ: AMD), Salesforce (NYSE: CRM), and ASML (NASDAQ: ASML). All of these companies have strong growth cases but are also much larger than Palantir from a revenue and profit viewpoint. I think these three will be larger than Palantir by 2028, but there's another reason why this trio should be valued at a higher level by then as well.Image source: Getty Images.Continue reading
Palantir Technologies (NASDAQ: PLTR) is one of the most popular artificial intelligence (AI) stocks on the market, but it got that way by having a ton of hype baked into the stock. Currently, it sits at a $330 billion valuation; however, its revenue and profits are dramatically smaller than those of every company around it. As a result, I won't be surprised if these three companies are larger than it within the next three years.
The three stocks are Advance Micro Devices (NASDAQ: AMD), Salesforce (NYSE: CRM), and ASML (NASDAQ: ASML). All of these companies have strong growth cases but are also much larger than Palantir from a revenue and profit viewpoint. I think these three will be larger than Palantir by 2028, but there's another reason why this trio should be valued at a higher level by then as well.
Image source: Getty Images.
