Palantir's Artificial Intelligence Platform (AIP) is all investors want to talk about, but the company has another product that could be huge.
We recently published an article titled Jim Cramer Discusses These 12 Stocks & Says Late Selloffs Are Deliberate. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against the other stocks.
Palantir Technologies (NASDAQ: PLTR) was the best performing member of the S&P 500 (SNPINDEX: ^GSPC) last year. The stock advanced 340% in 2024 as the company delivered a series of strong financial results driven by demand for its artificial intelligence platform.
After a slump of those proportions, is it finally time to buy the stock? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks
Nevermind that Palantir's stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.
If outspoken Palantir (PLTR) co-founder and CEO Alex Karp is uber-bullish about his secretive software company, he isn't showing it in his trades. Karp has dumped $45 million worth of stock in the past two weeks after unloading about $2 billion in 2024,
While some compare Palantir to the tech industry's Goldman Sachs, others think Alex Karp's view of its importance on a résumé may be a bit inflated.
Palantir ( PLTR 1.67%) has been on an incredible run since the start of 2024. At its peak, Palantir's stock has risen 625% since the start of 2024, but that number took a hit when CEO Alex Karp announced a plan to sell up to $1 billion in shares.