Is Palantir Stock Set to Soar Again in the New Year?
Palantir (NASDAQ: PLTR) was one of the best-performing stocks of 2024. The analytics and software management platform for government agencies, the military, and big business soared 340% for the year and sports a market cap of $167 billion as of this writing. Shareholders of Palantir no doubt appreciated the company's performance in 2024, but investors are likely looking at the new year and asking themselves: Can Palantir keep up this momentum? Time to dig into the fundamentals of this fast-growing company and find out.Incredible returns like those Palantir experienced in 2024 often come from accelerating growth. Excitement around the business has become real momentum for the stock as Palantir has accelerated its revenue growth for five straight quarters, thanks to the popularity of its artificial intelligence (AI) analytical tools.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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