Palantir Technologies (NASDAQ: PLTR) emerged as one of the biggest winners of 2024. Shares of the artificial intelligence (AI) and data analytics software company skyrocketed 340%. Palantir's additions to the S&P 500 and Nasdaq-100 indexes helped fuel investor excitement.
We recently published a list of 15 AI Stocks That Skyrocketed in Q4. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other stocks that skyrocketed in Q4.
While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market frenzy surrounding artificial
Alongside its strong growth, Palantir is profitable, consistently producing around 20% profit margins. While some other software companies' profit margins can surpass 30%, 20% is still a noteworthy figure, as it shows that management values profitability alongside growth.
Palantir Technologies (NASDAQ: PLTR) was one of the hottest artificial intelligence (AI) stocks in 2024, and for good reason. Growth accelerated as U.S. commercial clients began adopting the company's Artificial Intelligence Platform while its largest customer,
The carbon capture and storage market has become a major focus for oil and gas companies looking for low-carbon investments as part of emissions reductions efforts
Palantir Technologies was the best-performing member of the S&P 500 ( ^GSPC -1.11%) in 2024. Its share price surged 340% last year as growing demand for its artificial intelligence platform excited investors. Palantir has grown into a $181.9 billion business, but I think semiconductor comany Arm Holdings ( ARM -2.06%) can top that figure in 2025.
Wedbush analyst Dan Ives remains bullish and expects Tesla's market cap to hit $2 trillion in 2025, saying the coming four years will be a "total game changer" for Tesla. He expects the Trump administration to fast-track full self-driving (FSD), paving the way for the company's robotaxi agenda.
Perhaps the stock investors are most excited about when it comes to AI is Palantir Technologies (NASDAQ: PLTR). While a number of big tech companies have been rushing to create the best AI models, Palantir has been taking a different approach.
ARKF ETF has sold $15 million worth of shares of Palantir stock, may have caused a bit of a sell-off. See why I maintain a long-term buy rating on PLTR shares.
Palantir Technologies (NASDAQ: PLTR) has seemingly become the market leader in developing and deploying artificial intelligence (AI) software in the real world. After working with government ...
ClearBridge Investments, an investment management company, released its “ClearBridge Growth Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.