PLTR - Palantir Stock Is Up 60% This Year. Could It Double Before the Year Is Over?
2024-07-10 07:30:00 ET
Palantir Technologies (NYSE: PLTR) has had a strong 2024, with the stock up more than 60% so far. That means it's more than halfway to a double, so the question becomes, could Palantir double over the entirety of 2024?
While Palantir's business is strong, some challenges may present themselves as a barricade to achieving that elusive mark.
Palantir's popularity surged as an investment because of its expertise in artificial intelligence (AI) software . It has been creating AI software longer than many, which gives it a leg up.
For further details see:
Palantir Stock Is Up 60% This Year. Could It Double Before the Year Is Over?