Prediction: 1 Stock That Will Be Worth More Than Palantir Technologies 2 Years From Now

Palantir Technologies (NASDAQ: PLTR) has been on a tearing run on the stock market over the past year, registering astronomical gains of 495% as of this writing. Its dynamic growth is driven by the terrific success of the company's Artificial Intelligence Platform (AIP) that has led to a nice acceleration in its growth in the past few quarters.However, Palantir's astronomical surge brought the stock's valuation to levels that don't seem sustainable. It is trading at a whopping 623 times earnings and 114 times sales. Not surprisingly, Palantir's 12-month price target of $110, as per 28 analysts covering the stock, points toward a 23% decline from current levels.So, the possibility of Palantir's market cap slipping from the current figure of $338 billion cannot be ruled out. If that's indeed the case, there is a chance that it could be overtaken by another fast-growing AI company that's currently trading at much more attractive levels. Let's take a closer look at that name and check why its valuation could be more than Palantir's within the next two years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool