29.12.2024 13:21:00
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Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Palantir by the End of 2025
Palantir Technologies (NASDAQ: PLTR) was one of the best-performing stocks of 2024. A strong start to the year for the artificial intelligence (AI)-powered enterprise software company went into overdrive in September. A strong earnings report and its addition to the S&P 500 that month stoked a ton of buying for the stock. The market has continued to push the stock higher, bringing the company's market cap above $187 billion, as of this writing.Palantir's financial results have been spectacular. But many analysts think the stock has gotten ahead of itself. Just three out of 22 Wall Street analysts covering the stock give it an overweight or buy rating. Moreover, none of them have a 12-month price target higher than its current stock price. Indeed, Palantir's stock valuation makes it tough to buy now.But investors looking to add some AI stocks to their portfolio have plenty of other options. And two other companies look far more attractive than the richly valued Palantir. In fact, I predict both will be worth more than Palantir by the end of 2025, as a result of strong relative price performance to 2024's big winner.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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