Palantir Stock vs. Microsoft Stock: Wall Street Says Only 1 Will Head Higher From Here

09.11.24 16:09 Uhr

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Enterprises are spending heavily on artificial intelligence (AI)-powered software to drive automation and efficiency, and use data to make smarter and faster decisions. And that trend may be just getting started. The enterprise AI market could grow at an annual rate of 37.6% between 2025 and 2030, according to analysis from Grand View Research.Two companies poised to see years of growth ahead in the enterprise-software space are Palantir Technologies (NYSE: PLTR) and Microsoft (NASDAQ: MSFT). Both companies have already seen the benefits of massive AI-related spending for their business and shareholders. Palantir stock is up 230% this year alone, as of this writing. Microsoft is up 77% since announcing an increased stake in generative AI leader OpenAI in early 2023.Despite the strong outlook for the industry, Wall Street analysts only expect one of these enterprise-software leaders to keep climbing higher over the next 12 months.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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