The Motley Fool
•79% Informative
Palantir Technologies ( NYSE : PLTR ) is making inroads in the space of artificial intelligence.
Despite operating in the shadows of megacap tech, now could be a lucrative time to invest in the company as it pushes forward in the AI arms race.
The company had 497 customers in the fourth quarter , a 35% increase over the year-ago period.
Free cash flow grew 260% year over year to $730 million .
Palantir Technologies isn't one of the 10 best stocks for investors to buy now.
Now looks like a great opportunity to scoop up shares for both new and existing investors, and prepare to hold on for the long term.
The ride appears to just be getting started.
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