AI Revolution Impacts Software Stocks
This is a news story, published by Yahoo Finance, that relates primarily to Palantir news.
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meme stock revolutionThe Motley Fool
•Palantir Stock Is Skyrocketing. 1 Analyst Thinks It Has Another 38% Gain Ahead.
79% Informative
AI software platform Palantir ( NYSE : PLTR ) is showing an acceleration in its commercial business due to the advent of AI .
One analyst, Mariana Perez Mora of Bank of America , rates shares a Buy , with a street-high $ 50 price target on the stock.
The company was recently admitted to the prestigious S&P 500 index by posting consistent GAAP profitability.
Palantir 's recent penetration of the much larger enterprise market gives it the chance to keep growth rates high for a while.
The majority of revenues still coming from the Defense industry.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 708,348 !.
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