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best stocksThe Motley Fool
•81% Informative
Palantir Technologies ( NYSE : PLTR ) has been one of the biggest winners of the AI movement so far.
Shares have gained 66% so far in 2024 .
Analyst Dan Ives of Wedbush Securities thinks there's a lot more room for the stock to run.
Ives recently assigned a $ 50 price target to the stock in his upside case, implying 75% upside.
Palantir Technologies wasn’t one of the 10 best stocks for investors to buy now.
A prudent strategy could be to use dollar-cost averaging over the long term and add to the stock when you deem appropriate.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 700,076 !.
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