Should You Forget Palantir and Buy These 2 Millionaire-Maker Stocks Instead?
Palantir Technologies (NASDAQ: PLTR) has been one of the hottest stocks on the market in the past couple of years, rising an incredible 1,000% as of this writing and beating the S&P 500 index's gains of just 45% during this period by a heavy margin.The software specialist's stunning rally can be attributed to the terrific demand for its Artificial Intelligence Platform (AIP), which enables customers to embed generative AI capabilities into their operations. The demand for Palantir's AIP has been so strong that the company's growth accelerated impressively in 2024.Even better, Palantir's impressive growth seems here to stay as the increasing size of the company's contracts, the rapid improvement in its customer base, and the expansion of its business at existing customers should ensure healthy top- and bottom-line growth for a long time.Continue reading
Palantir Technologies (NASDAQ: PLTR) has been one of the hottest stocks on the market in the past couple of years, rising an incredible 1,000% as of this writing and beating the S&P 500 index's gains of just 45% during this period by a heavy margin.
The software specialist's stunning rally can be attributed to the terrific demand for its Artificial Intelligence Platform (AIP), which enables customers to embed generative AI capabilities into their operations. The demand for Palantir's AIP has been so strong that the company's growth accelerated impressively in 2024.
Even better, Palantir's impressive growth seems here to stay as the increasing size of the company's contracts, the rapid improvement in its customer base, and the expansion of its business at existing customers should ensure healthy top- and bottom-line growth for a long time.
