Should You Buy Palantir Technology Stock Before Dec. 13? Wall Street Has a Compelling Answer That Might Surprise You.

Since the advent of artificial intelligence (AI) early last year, the number of use cases has continued to soar. The ability of these advanced algorithms to streamline processes and increase productivity has companies of all stripes looking for ways to adopt generative AI, integrate it into their businesses, and reap their part of the expected financial windfall.One of the clear and certain beneficiaries has been Palantir Technologies (NASDAQ: PLTR). The stock is up more than 287% so far this year (as of this writing) and up 934% since AI first went viral in early 2023. However, the soaring stock price has been accompanied by a commensurate increase in Palantir's valuation, which has made some investors justifiably nervous.Yet there could be another catalyst just over the horizon. Below I'll look at what has fueled Palantir's recent success, the potentially important milestone ahead, and what the collective wisdom of Wall Street says.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool