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This garbage narrative keeps getting repeated week on week with no new talking points. Jesus christ.

Is Palantir Technologies Inc the Best AI Stock in the $4 Trillion "AI Race"?

We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst.Since Palantir Technologies Inc ranks 12th on the list, it deserves a deeper look.In a separate investing event, Ives recently predicted that the AI-led bull run can last for another two to three years, saying in a year from now investors will be looking at $3 trillion to $4 trillion market caps for major tech companies.In his latest note Ives highlighted several stocks which he believes can benefit from the AI revolution. In this article we take a detailed look at these stocks and discuss their AI-related growth catalysts and see whether or not they are sound long-term investments. With each stock we have mentioned hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into?

Is Palantir Technologies Inc the Best AI Stock in the $4 Trillion "AI Race"?

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Jesus christ.</p></body></html>","htmlText":"<html><head></head><body><p>This garbage narrative keeps getting repeated week on week with no new talking points. Jesus christ.</p></body></html>","text":"This garbage narrative keeps getting repeated week on week with no new talking points. Jesus christ.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/320542544490680","repostId":2446009413,"repostType":2,"repost":{"id":"2446009413","pubTimestamp":1719283673,"share":"https://www.laohu8.com/m/news/2446009413?lang=&edition=full","pubTime":"2024-06-25 10:47","market":"us","language":"en","title":"Is Palantir Technologies Inc the Best AI Stock in the $4 Trillion \"AI Race\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=2446009413","media":"Insider Monkey","summary":"We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst.Since Palantir Technologies Inc  ranks 12th on the list, it deserves a deeper look.In a separate investing event, Ives recently predicted that the AI-led bull run can last for another two to three years, saying in a year from now investors will be looking at $3 trillion to $4 trillion market caps for major tech companies.In his latest note Ives highlighted several stocks which he believes can benefit from the AI revolution. In this article we take a detailed look at these stocks and discuss their AI-related growth catalysts and see whether or not they are sound long-term investments. With each stock we have mentioned hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into?","content":"<html><head></head><body><p>We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since Palantir Technologies Inc (NYSE:PLTR) ranks 12th on the list, it deserves a deeper look.</p><p>Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are now running in a “race” to capture the $4 trillion AI market, calling GPUs the new “oil” or “gold” in the technology sector. Ives said that the AI “party” is just getting started and the clock is showing “9p.m. in a party going till 4 a.m. with the rest of the tech world now joining.” Ives thinks spending on GPUs and data centers is the “only game in town.” Ives thinks the “first wave” of AI benefited major technology giants leading the AI race, with the second, third and fourth “derivatives” beginning to show trickle-down effects on other companies.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1cefafb3ddcc71417f2a19c978ca29e9\" title=\"\" tg-width=\"380\" tg-height=\"289\"/></p><h3 id=\"id_4216091578\"><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc</a></h3><p><strong><em>Number of Hedge Fund Investors: 45</em></strong></p><p>Wedbush analyst Dan Ives said in a latest note that Palantir Technologies Inc is one of the stocks that can benefit from the “AI party” that is just getting started. Ives counted Palantir Technologies Inc among the stocks that will ride the AI wave thanks to their “massive installed bases” in both the enterprise and consumer spaces.</p><p>Last month, Wedbush’s Dan Ives said the latest selloff around Palantir Technologies Inc was a “golden” buying opportunity.  Ives has an Outperform rating and a $35 price target on Palantir Technologies Inc. Palantir Technologies Inc is trading at a high P/E multiple of 170, which has alarmed many. However, Palantir Technologies Inc bulls believe Palantir Technologies Inc’s consistent contract wins from the government and AI-related growth catalysts justify this multiple. Analysts are bullish on Palantir Technologies Inc’s AI platform (AIP), which helps companies and governments in decision making based on AI technologies. In the first quarter alone, Palantir Technologies Inc saw a 16% YoY increase in government contracts. US government revenue jumped 12% year over year.</p><p>Palantir Technologies Inc has increased its U.S. commercial sector growth outlook to 45% from an initial estimate of 40%. Palantir Technologies Inc (NYSE:PLTR) is expected to report sales growth of 20% next year according to Wall Street estimates. The stock is trading at 54X its 2025 EPS estimate of $0.39, which is justified based on the strong growth trajectory.</p><p>Carillon Scout Mid Cap Fund stated the following regarding <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> in its first quarter 2024 investor letter:</p><blockquote><p>“The top contributor to return for the quarter was Palantir Technologies Inc.. Sentiment improved on Palantir after it reported stronger than expected commercial customer revenue and free cash flow. U.S. commercial growth was especially encouraging, as U.S. commercial revenue was up by a large percentage year over year for the fourth quarter and U.S. commercial customer count grew nearly as much. We expect Palantir to become one of the premier artificial intelligence (AI) software providers, built on its Foundry and AIP platforms.”</p></blockquote><p>Overall, Palantir Technologies Inc ranks 12th on Insider Monkey’s list titled 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. While we acknowledge the potential of Palantir Technologies Inc (NYSE:PLTR), our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than Palantir Technologies Inc but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Palantir Technologies Inc the Best AI Stock in the $4 Trillion \"AI Race\"?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Palantir Technologies Inc the Best AI Stock in the $4 Trillion \"AI Race\"?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-25 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/palantir-technologies-inc-nyse-pltr-160147482.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since Palantir Technologies Inc (NYSE:PLTR) ranks 12th on ...</p>\n\n<a href=\"https://finance.yahoo.com/news/palantir-technologies-inc-nyse-pltr-160147482.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"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","BK4543":"AI","BK4585":"ETF&股票定投概念","BK4097":"系统软件","BK4547":"WSB热门概念","BK4588":"碎股","PLTR":"Palantir Technologies Inc.","BK4023":"应用软件"},"source_url":"https://finance.yahoo.com/news/palantir-technologies-inc-nyse-pltr-160147482.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2446009413","content_text":"We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since Palantir Technologies Inc (NYSE:PLTR) ranks 12th on the list, it deserves a deeper look.Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are now running in a “race” to capture the $4 trillion AI market, calling GPUs the new “oil” or “gold” in the technology sector. Ives said that the AI “party” is just getting started and the clock is showing “9p.m. in a party going till 4 a.m. with the rest of the tech world now joining.” Ives thinks spending on GPUs and data centers is the “only game in town.” Ives thinks the “first wave” of AI benefited major technology giants leading the AI race, with the second, third and fourth “derivatives” beginning to show trickle-down effects on other companies.Palantir Technologies IncNumber of Hedge Fund Investors: 45Wedbush analyst Dan Ives said in a latest note that Palantir Technologies Inc is one of the stocks that can benefit from the “AI party” that is just getting started. Ives counted Palantir Technologies Inc among the stocks that will ride the AI wave thanks to their “massive installed bases” in both the enterprise and consumer spaces.Last month, Wedbush’s Dan Ives said the latest selloff around Palantir Technologies Inc was a “golden” buying opportunity.  Ives has an Outperform rating and a $35 price target on Palantir Technologies Inc. Palantir Technologies Inc is trading at a high P/E multiple of 170, which has alarmed many. However, Palantir Technologies Inc bulls believe Palantir Technologies Inc’s consistent contract wins from the government and AI-related growth catalysts justify this multiple. Analysts are bullish on Palantir Technologies Inc’s AI platform (AIP), which helps companies and governments in decision making based on AI technologies. In the first quarter alone, Palantir Technologies Inc saw a 16% YoY increase in government contracts. US government revenue jumped 12% year over year.Palantir Technologies Inc has increased its U.S. commercial sector growth outlook to 45% from an initial estimate of 40%. Palantir Technologies Inc (NYSE:PLTR) is expected to report sales growth of 20% next year according to Wall Street estimates. The stock is trading at 54X its 2025 EPS estimate of $0.39, which is justified based on the strong growth trajectory.Carillon Scout Mid Cap Fund stated the following regarding Palantir Technologies Inc. in its first quarter 2024 investor letter:“The top contributor to return for the quarter was Palantir Technologies Inc.. Sentiment improved on Palantir after it reported stronger than expected commercial customer revenue and free cash flow. U.S. commercial growth was especially encouraging, as U.S. commercial revenue was up by a large percentage year over year for the fourth quarter and U.S. commercial customer count grew nearly as much. We expect Palantir to become one of the premier artificial intelligence (AI) software providers, built on its Foundry and AIP platforms.”Overall, Palantir Technologies Inc ranks 12th on Insider Monkey’s list titled 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. While we acknowledge the potential of Palantir Technologies Inc (NYSE:PLTR), our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than Palantir Technologies Inc but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":85,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}