Should You Buy Palantir Technologies Stock Before Nov. 3? Wall Street Has a Nearly Unanimous Answer That Might Surprise You
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The advent of artificial intelligence (AI) in early 2023 sparked a paradigm shift that is still reverberating across the tech world. The ability of generative AI to increase productivity and streamline processes is already reshaping enterprises, with business leaders lining up to profit from this veritable financial windfall. However, given the complexity of this game-changing technology, some executives simply don't know where to start.That's where Palantir Technologies (NASDAQ: PLTR) comes in. The company has developed both the systems and expertise to generate data-driven solutions in real time -- and you can't argue with the results. The stock has gained more than 323% over the past year (as of this writing) and is up 2,850% since early 2023.Unfortunately, the soaring stock price has driven a commensurate increase in Palantir's valuation. Yet despite the dizzying multiple, some believe that Palantir's momentous run has only just begun.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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