Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. Buy It Before It Soars 170%, According to a Wall Street Analyst

The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the best barometer for the overall U.S. stock market. The index tracks 500 domestic companies that meet specific inclusion requirements concerning market value, profitability, and liquidity.Last month, S&P Global announced that Palantir Technologies (NYSE: PLTR) would be added to the S&P 500 on Sep. 23. Dan Ives at Wedbush Securities called it a "validation moment for the Palantir story." Shares have advanced 22% since the annoucement, but one analyst still sees huge upside on the horizon.Hilary Kramer, portfolio manager at Greentech Research, recently told Fox Business that Palantir could be a $100 stock in the future. While she did not discuss a specific timeline, her forecast implies 170% upside from the current share price of $37.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool