This AI Stock Is Up 360% So Far in 2024. Here Is Why It Could Be a Bust in 2025.

Has any S&P 500 stock had a better year this year than Palantir Technologies (NASDAQ: PLTR)? The stock is up a staggering 360% since the beginning of 2024 as I write this, producing outsize investment returns for virtually any portfolio it touches.I don't want to be a pessimist, but it could be time to share a cautionary tale about stocks that behave like this. Palantir has legitimate growth tailwinds in artificial intelligence (AI), specifically its AIP platform for deploying AI applications in the government and private sectors. However, its fundamentals haven't kept up with the stock price.History doesn't always repeat itself, but you can learn from it. Microsoft (NASDAQ: MSFT) one of today's largest and most influential companies, experienced a similar situation over 20 years ago.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool