Should You Forget Palantir and Buy These 2 Tech Stocks Instead?

Palantir Technologies (NASDAQ: PLTR) has been one of the market's best-performing stocks over the past two years, largely thanks to growing demand for its Artificial Intelligence Platform (AIP). Instead of trying to develop another large language model (LLM), Palantir's platform was developed to make AI models more useful. It pulls together data from multiple sources, organizes it, and ties it to real-world assets. This clean data helps reduce AI hallucinations and makes it more actionable. In essence, AIP has become akin to an AI operating system.The company is growing fast, with revenue jumping 48% year over year last quarter to hit $1 billion. U.S. commercial sales nearly doubled, while U.S. government revenue climbed more than 50%. Customers are spending more, too, with net dollar retention at 128%, which indicates the platform is sticky and becoming more valuable over time. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool