23.11.2024 11:14:00
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Should You Buy This Millionaire-Maker AI Stock Instead of Palantir?
Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year, far outpacing the stellar 250% gain seen in Palantir's stock (all returns are as of this writing).While Palantir is getting plenty of attention because its data collection, analytics, and AI platform are being used successfully by the U.S. government as well as several commercial entities, AppLovin's business has flown under the radar. The company owns a legacy gaming app business, but its core business involves advertising technology used by mobile gaming companies and others to attract and better monetize users.Let's take a closer look at why investors should consider investing in this stock even after its huge gains this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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