Palantir Might Be a Great Stock, But I'm Not Buying It Now. Here's Why
The artificial intelligence (AI) industry is on fire in 2024, sending AI-related tech companies to the stratosphere. Nvidia, Microsoft, and are some of the apparent winners.
Similarly, Palantir (NYSE: PLTR), a leading AI software company, has seen massive interest from customers and investors alike. The revenue growth rate improved in recent quarters, while the stock price increased by more than 56% in the first half of 2024.
While Palantir's prospects look bright, I can't convince myself to buy the stock -- at least, not until I become more comfortable with some of its major risks.
Source Fool.com
Alphabet Inc. C Stock
€142.68
-0.170%
With 26 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 165 € shows a slightly positive potential of 15.64% compared to the current price of 142.68 € for Alphabet Inc. C.
