2024-03-18 07:15:00 ET
When it comes to artificial intelligence (AI), the "Magnificent Seven" stocks of Microsoft , Apple , Alphabet , Amazon , Meta Platforms , Nvidia , and Tesla garner much of the attention.
But outside of these megacap behemoths, savvy investors have identified other emerging players. One such opportunity is data analytics platform Palantir Technologies (NYSE: PLTR) . Over the last year, shares in Palantir have soared 200%. That's quite impressive.
With such a meteoric rise in market value over a relatively short time frame, some investors may be curious if now is a good time for profit taking. After all, no stock can continue going up indefinitely, right?
For further details see:
Is It Finally Time to Take Profits in Palantir Stock?