Palantir Stock vs. Nvidia Stock: Billionaires Are Buying One and Selling the Other

So far in 2024, the S&P 500 index has gained an impressive 26% while the tech-heavy Nasdaq Composite has soared roughly 28%. Without a doubt, one of the biggest tailwinds fueling these market returns is artificial intelligence (AI).Among AI's hottest stocks through 2024 are data analytics company Palantir Technologies (NASDAQ: PLTR) and semiconductor leader Nvidia (NASDAQ: NVDA). Both companies have handily topped the markets this year -- with shares of Palantir rocketing by 291% while Nvidia has gained about 179% (as of market close Nov. 29).With Palantir and Nvidia looking like two of the AI realm's most dominant forces, would you be surprised to learn that some of Wall Street's brightest minds are only buying one of these stocks right now?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool