Palantir Stock Surges, Valuation High

This is a U.S. news story, published by Yahoo Finance, that relates primarily to Palantir news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

Palantir news

For more Palantir news, you can click here:

more Palantir news

stocks trading & speculation news

For more stocks trading & speculation news, you can click here:

more stocks trading & speculation news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about

best stocks

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stocks news, growth stock news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

growth AI stock

The Motley Fool

•

Forget Palantir: 2 Tech Stocks to Buy Instead

Summary

Nutrition label

79% Informative

Palantir 's revenue rose 17% in 2023 , and it anticipates 23%-24% growth this year as it gains new government contracts, expands its faster-growing U.S. commercial business, and rolls out more generative AI tools to crunch all of its data.

Investors should look for other AI -oriented stocks that are also growing rapidly but trading at more reasonable valuations.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month . The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002

Stock Advisor returns as of September 9, 2024 Forget Palantir: 2 Tech Stocks to Buy Instead was originally published by The Motley Fool .

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech