05.01.2025 12:22:00

Wish You'd Bought Palantir in 2024? Buy This Unstoppable ETF Instead

It's official: 2024 is in the books and all eyes are on what this year will bring.As expected, artificial intelligence (AI) stocks continued to pave the way for market-beating returns last year. While the "Magnificent Seven" held their own, a new player in the AI realm trumped all of megacap tech. Shares of Palantir Technologies (NASDAQ: PLTR) soared by 350% during 2024 -- making it the best-performing stock among the S&P 500 (SNPINDEX: ^GSPC) index.While shares of Palantir could very well continue to witness outsized gains this year, I'd caution investors against following too much momentum. Instead, if you're interested in gaining exposure to the AI industry and want access to leading opportunities fueling the movement, I'd suggest taking a look at the Invesco QQQ Trust (NASDAQ: QQQ).Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Palantir 73,57 -4,74% Palantir