2 Reasons Palantir Stock Must Be on Your 2024 Watch List

Palantir (NYSE: PLTR) shareholders have been laughing all the way to the bank in 2023. Year to date, the stock has delivered a nearly 170% return, powered by solid financial results.

Even better, there are good reasons to believe Palantir will be able to sustain its strong momentum in the coming quarters, and perhaps years. So now would be an excellent time to start paying attention to this artificial intelligence (AI) company or consider adding it to your portfolio.

Palantir isn't a household name like Amazon, but it's not a new company, and it's far from obscure among growth investors. The tech company serves government agencies and business customers by helping them better understand their datasets, which allows them to make better decisions.

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Source Fool.com