Hindsight, as they say, is 20/20. While it’s easy to analyze the past, predicting the future is far more challenging. This couldn’t be truer for Nvidia (NASDAQ:NVDA), leaving countless investors kicking themselves for not spotting the AI unicorn before it skyrocketed into the stratosphere.
Could Palantir (NYSE:PLTR) be the next AI-inspired growth story to follow in Nvidia’s footsteps? Top investor James Foord thinks it just might be.
“Palantir’s unique technology, large addressable market, and potential for margin expansion position it similarly to NVIDIA’s pre-AI revolution phase,” writes Foord, who sits in the top 4% of all TipRanks’ stock pros.
Foord acknowledges that opinions on Palantir are divided, noting that traditional metrics could indeed suggest the big data analytics company is overvalued. However, the investor also sees significant potential, believing that PLTR stock’s triple-digit growth over the past year may be far from reaching its…
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