Should You Forget Palantir and Buy These 2 Artificial Intelligence (AI) Stocks Instead?

Palantir Technologies (NASDAQ: PLTR) is one of the hottest artificial intelligence (AI) stocks, trading up an impressive 393% over the last year. To put it another way, if you had invested $10,000 in Palantir a year ago, your investment would be worth about $48,500.Palantir offers AI-powered data analytics, and its share price has taken off largely because of the success of its Artificial Intelligence Platform (AIP) services. It's a profitable and growing business, which can make for an attractive investment and that has caught the attention of the market. As a result, it's trading at a sky-high price-to-earnings (P/E) ratio of 584. Growth stocks often have high valuations, but even allowing for that, Palantir stock is still an extremely expensive investment right now.Instead of paying a hefty premium to own Palantir, you might want to consider these two growing AI stocks with much more favorable valuations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool