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Stock impact report

1 Cheaply Valued Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before April 18 [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
right now considering that companies in a position to take advantage of this technology have witnessed a rapid jump in their share prices in the past year or so. Nvidia , for instance, is trading at 71 times trailing earnings, though the good part is that the chipmaker has been able to justify its premium valuation with outstanding growth. On the other hand, AI software play Palantir Technologies is trading at an expensive valuation, but its growth hasn't been enough to justify its rich multiples. However, investors looking for a mix of growth and value in the AI niche are in luck as there is one company -- Taiwan Semiconductor Manufacturing (NYSE: TSM) , popularly known as TSMC -- that's not only cheap right now but also seems set to deliver impressive growth. Let's look at why investors should consider buying this stock before it releases its first-quarter 2024 results on April 18. TSMC is set to deliver stronger-than-expected growth When TSMC released fourth-quarter 2023 re Show less Read more
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