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home / news releases / PLTR - 1 Brilliant Artificial Intelligence (AI) Stock up 48% in 2024 to Buy Now and Hold for Decades


PLTR - 1 Brilliant Artificial Intelligence (AI) Stock up 48% in 2024 to Buy Now and Hold for Decades

2024-06-24 08:30:00 ET

This has been a year to remember for shareholders of Palantir Technologies (NYSE: PLTR) . Investors endured the pain of the stock falling to the single digits after the company went public. However, the technological marvel of artificial intelligence (AI) breathed life back into the stock, and the company's repeated quarters of strong performance further fueled market sentiment.

While investors may understandably worry that the stock's 48% move since January leaves little meat on the bone, have no fear. Investing sometimes requires looking decades ahead, and Palantir may have more promise than most companies you'll encounter.

Here is why long-term investors can buy today and hold the stock for decades.

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1 Brilliant Artificial Intelligence (AI) Stock up 48% in 2024 to Buy Now and Hold for Decades
Stock Information

Company Name: Palantir Technologies Inc. Class A
Stock Symbol: PLTR
Market: NYSE
Website: palantir.com

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