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Stock impact report

Investors Are Rotating Out of Palantir. Here's the Growth Stock I'm Buying Instead. [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
The returns over the past few years have been staggering. In 2023, Palantir stock rose 167%, followed by a 340% increase in 2024. Last year was another banner year for Palantir, as the stock rose 135%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The company, which provides software that allows government agencies, companies, and enterprises to manage and analyze large amounts of AI data, has seen massive growth during this AI explosion due to the increasing reliance on AI for decision-making. Image source: Getty Images. But the stock peaked last year at just over $200 per share in late October. Since then it is down about 30%, including a 20% drop year to date (YTD). The decline is not because demand has dried up. Palantir accelerated its revenue growth in the fourth quarter, as it rose 70% year over Show less Read more
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