Should You Forget Palantir? This Wide-Moat AI Stock Is a Better Buy

Palantir Technologies (NASDAQ: PLTR) stock has captivated investors, and it's easy to see why. The software stock has emerged as one of the biggest winners of the artificial intelligence (AI) era, thanks in large part to its AI platform (AIP), which combines the power of large language models (LLMs) with its deep data analytics platforms like Gotham and Foundry.Demand for Palantir's services has soared in the AI era, and its revenue growth has now accelerated for seven quarters in a row, coming in at 39% in the first quarter. At the same time, profits have surged as its operating margin has ramped up. In the first quarter, its operating income jumped 118% to $176 million. There's been no shortage of hype around Palantir as well, and that includes CEO Alex Karp, who's prone to using grandiose language to describe the company. In its recent earnings report, he said, "This is a level of surging and ferocious growth that would be spectacular for a company a tenth of our size. At this scale, however, our ascent is, we believe, unparalleled." Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool