Palantir

PLTR

Market cap $401B

Palantir's original intent was for its software to be used by the government. Palantir is helping clients in all industries improve their AI usage.

These stocks are all popular options with retail investors. They have experienced significant growth in a relatively short time frame.

Palantir's AIP bootcamps are bringing in new customers hand over fist. Commercial clients are eager to find ways to utilize artificial intelligence.

Palantir dropped 16% in November for its worst month since August 2023. Investors dumped AI stocks this month, including Palantir, on valuation fears.

There might not be anything as a “free lunch” in the stock market, but for investors who still believe in the long-term AI growth story, AI data firm Palantir (NASDAQ:PLTR) certainly looks tempting now that it's dropped like a rock despite clocking in some very strong third-quarter results.

Palantir's software is seeing widespread adoption. Nvidia's GPUs are the base computing unit used for the AI arms race.

AMZN, NVDA, PLTR and MU emerge as top large-cap tech picks as markets rebound and December rate cut hopes lift sentiment.

Artificial intelligence stocks are not overheating — they are just beginning to show their potential. That is the view of Wedbush Securities analyst Dan Ives, who says Wall Street bears are mistaking a rapid technological shift for exuberance.

If nothing else, the bullish earnings reports from Palantir Technologies Inc. NASDAQ: PLTR have seemed to put to rest the arguments that Palantir's growth is unsustainable. The company is now solidly profitable with revenue coming in from U.S. government contracts, and more importantly, from an expanding list of commercial customers.

Palantir Technologies (PLTR) is well positioned to outperform the market, as it exhibits above-average growth in financials.