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27.09.2024 13:15:00

1 Popular Artificial Intelligence (AI) Stock That Wall Street Says to Sell Now

Using Wall Street analysts' price targets to determine whether a stock is a buy or a sell isn't the best strategy. While it should help inform investors of how others think of the stock, it shouldn't be the be-all and end-all. One popular artificial intelligence (AI) stock that these analysts (on average) say to sell now is Palantir (NYSE: PLTR).According to an average of 15 analysts, the average price target for Palantir stock is $27.08, which indicates a nearly 30% downside. So, should investors heed their advice and sell Palantir stock?Palantir has become a popular AI investment due to its expertise in this field. However, Palantir hasn't decided to offer an AI solution in the past two years because it is popular. Instead, it has built its entire software package around AI from the beginning, giving it a leg up on many competitors in the space.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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