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Stock impact report

Down but Far From Out: 3 Artificial Intelligence (AI) Stocks to Buy and Hold Forever [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
This week, three Motley Fool contributors examine Palantir Technologies (NYSE: PLTR) Snowflake (NYSE: SNOW) , and Nvidia (NASDAQ: NVDA) to explain why they think these stocks are down from recent highs -- but are far from out. Palantir stock is getting a much-needed breather Justin Pope (Palantir Technologies): Investors heard the buzz around AI a lot over the past year, and there are signs that Palantir's Artificial Intelligence Platform (AIP) is worthy of the buzz. The signs are showing up in government, where Palantir continues winning contracts. It recently was awarded a $9.8 million contract from the U.S. Defense Information Systems Agency and a $178 million contract from the Army. They also show up in the private sector, where Palantir's customer growth is accelerating. Its U.S. commercial customer count grew 55% year over year in the fourth quarter, and 22% quarter over quarter. That's up from 37% year over year growth in the third quarter. And there are positive sig Show less Read more
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