This Monster Artificial Intelligence (AI) Stock Has Gained 130% Since Marjorie Taylor Greene Loaded Up on It Back in April, and Dan Ives Thinks It Could Keep Soaring

Last year, shares of data mining specialist Palantir Technologies (NASDAQ: PLTR) skyrocketed by 340%, making it the top performer in the S&P 500 (SNPINDEX: ^GSPC) index. The momentum continued into 2025 as Palantir shares got off to a sizzling start to begin the year.However, throughout March and April, the artificial intelligence (AI) darling witnessed some weakness as shares began to pull back on news that the Department of Defense -- a key Palantir partner -- was facing pressure by the new administration to identify areas to reduce costs.Not long after, data published by Capitol Trades showed that U.S. Rep. Marjorie Taylor Greene loaded up on Palantir stock. Since Greene's trades were reported between April 7 and 8, shares of Palantir have soared by 130% as of this writing (Aug. 8). In hindsight, buying the dip in Palantir stock earlier this year looks like an incredibly savvy move.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool