Up 141% This Year, Can Palantir Technologies Stock Continue Soaring Higher?

One of the top artificial intelligence (AI) stocks to own this year has been Palantir Technologies (NYSE: PLTR). Its new AI platform, AIP, has unlocked major opportunities for the business, and revenue growth is accelerating, fueling bullish investor sentiment around the business. And now that the tech stock has joined the S&P 500, there's even more excitement surrounding Palantir, and its stock hit a new 52-week high on the news.Today, the stock is fast approaching its all-time high thanks to a 141% year-to-date gain. Is it too late to invest in this scorching-hot AI stock, or can shares of Palantir go even higher?Palantir's platform has ranked well in a report from Forrester Research, and it appears to be a top vendor for AI solutions that help customers automate processes and make better decisions along the way. The data analytics company has routinely announced deals with new customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool