PLTR - Is Palantir Stock The 'Most Underrated AI-Exposed Play In The Market'? | Benzinga
Virtus Investment Partners‘ Joe Terranova believes Palantir Technologies Inc (NYSE:PLTR) is one of the best ways to play the artificial intelligence (AI) boom right now.
What To Know: Tuesday on CNBC’s “Fast Money Halftime Report,” Terranova suggested that Palantir stock is undervalued and continues to fly under the radar despite hitting new 52-week highs this week.
“Palantir, I believe, is the biggest, the most underrated AI-exposed play in the market today. I own it personally,” Terranova said.
Terranova also holds Palantir stock in his momentum fund. It’s the seventh-largest holding in the Virtus U.S. Quality Momentum ETF (NYSE:JOET) with an approximate 1% weighting as of Tuesday. The fund aims to deliver exposure to U.S.-listed companies that combine strong quality fundamentals with positive technical trends.
The bullish ...