Zacks Investment Ideas feature highlights: Innodata and Palantir

Zacks11-21 21:35

For Immediate Release Chicago, IL – November 21, 2024 – Today, Zacks Investment Ideas feature highlights Innodata INOD and Palantir PLTR. The Next Big AI Stock (INOD) Innodata is a technology company ...

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While it might not be a household name, it's a key player in the digital transformation of businesses across various industries.Not only is the stock extremely well positioned for the ongoing AI boom, but it also boasts a Zacks Rank #1  rating and powerful stock price momentum. Innodata also very much reminds me of Palantir in its early days, which has been a massive AI winner.· Labels and Categorizes Data: This process, known as data annotation, is crucial for training AI models to recognize patterns and make accurate predictions.Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"INOD":"Innodata Inc","BK4588":"碎股","BK4123":"调查和咨询服务","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4543":"AI","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4023":"应用软件","PLTR":"Palantir Technologies Inc.","BK4106":"数据处理与外包服务"},"translate_title":"Zacks Investment Ideas特色亮点：Innodata和Palantir","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INOD":1,"PLTR":1},"content_text":"For Immediate Release\nChicago, IL – November 21, 2024 – Today, Zacks Investment Ideas feature highlights Innodata INOD and Palantir PLTR.\nThe Next Big AI Stock (INOD)\nInnodata is a technology company that plays a crucial role in the AI revolution. While it might not be a household name, it's a key player in the digital transformation of businesses across various industries.\nNot only is the stock extremely well positioned for the ongoing AI boom, but it also boasts a Zacks Rank #1 (Strong Buy) rating and powerful stock price momentum. Innodata also very much reminds me of Palantir in its early days, which has been a massive AI winner.\nWhat Does Innodata Do?\nInnodata specializes in data engineering and data science, providing essential services to power AI and machine learning applications. Specifically, the company:\n·        Transforms Raw Data: Innodata converts raw data into a usable format that can be fed into AI models.\n·        Labels and Categorizes Data: This process, known as data annotation, is crucial for training AI models to recognize patterns and make accurate predictions.\n·        Builds Custom Tools: Innodata develops custom platforms and tools to help businesses manage and analyze their data efficiently.\nWhy Innodata Matters\n·        Strategic Partnerships: Innodata has forged strategic partnerships with five of the \"Magnificent Seven\" tech giants, demonstrating its strong position in the AI industry.\n·        Strong Financial Performance: The company's recent quarterly report highlighted significant revenue growth and improved profitability.\n·        AI Pioneer: Innodata has been at the forefront of AI and data science for years, giving it a deep understanding of the industry's evolving needs.\nAs AI continues to reshape industries, Innodata is well-positioned to capitalize on this trend. By providing critical data services and leveraging its expertise, the company is helping businesses unlock the full potential of AI.\nFor investors looking to get exposure to some up-and-coming AI names and maybe find the next Palantir, I recommend keeping an eye on Innodata.\nWhy Haven't You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nInnodata Inc. (INOD) : Free Stock Analysis Report\nPalantir Technologies Inc. (PLTR) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485341371"}