1 Incredible Growth Stock That Has Doubled in 2024 to Buy Hand Over Fist Before It Jumps at Least 48%

Palantir Technologies (NYSE: PLTR) has been one of the top-performing stocks on the market in 2024, jumping 115% as of this writing thanks to its accelerating growth, which is being driven by the fast-growing demand for the company's software platforms by both federal customers and commercial clients.Artificial intelligence (AI) has started playing a key role in the acceleration of Palantir's growth of late. The good part is that Palantir is reportedly the top player in the AI software-platforms market as per market research company Forrester. This puts the company in a terrific position to ensure that its growth rate continues to pick up and hits stronger levels in the long run.More importantly, a look at Palantir's recent customer wins indicates that the company's offerings continue to remain in hot demand, and that could pave the way for more stock upside in the future. In this article, I will take a closer look at how Palantir is capturing the lucrative AI software-platform market and check why that's likely to lead to outstanding earnings growth in the long run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool