Prediction: This Artificial Intelligence (AI) Stock -- a 1,020% Gainer Since Its IPO -- Won't Split Its Stock in 2025. Here's Why
Palantir stock is up by more than 1,000% in less than five years.
When it comes to scorching hot artificial intelligence (AI) stocks, investors need not look much further than the "Magnificent Seven" -- Nvidia, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, and Apple.
Beyond the megacap tech giants, however, a select few other companies are holding their own in the AI realm. In particular, the performance of data analytics software specialist Palantir Technologies (NASDAQ: PLTR) has been nothing short of remarkable since AI emerged as the market's current transformational megatrend.
Last year, Palantir was the top-performing stock in the S&P 500 (SNPINDEX: ^GSPC), gaining nearly 340%. Since it went public in late 2020, its shares are up by more than 1,000%.
