02.12.2024 11:42:00

Better Stock Under the Trump Administration: Palantir or Tesla?

Some might view Palantir Technologies (NASDAQ: PLTR) and Tesla (NASDAQ: TSLA) as "Trump stocks."Both companies have ties to the president-elect and his team. Palantir's co-founder, Peter Thiel, was a Trump supporter in the past and a mentor to Vice-President-elect J.D. Vance. Tesla CEO Elon Musk was a vocal Trump supporter in the recent presidential campaign and was picked by the president-elect to co-lead the new Department of Government Efficiency.Perhaps more importantly, both stocks have soared since Trump was elected -- a clear sign investors think they will prosper in a second Trump term. Palantir's share price has skyrocketed more than 250%, while Tesla stock is up over 50%. But which of these stocks is the better pick under a Trump administration? Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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