Better AI Stock: C3.ai vs. Palantir Technologies
C3.ai (NYSE: AI) and Palantir (NYSE: PLTR) represent two different plays on the secular growth of the enterprise AI software market. C3 develops AI algorithms that can be integrated into an organization's existing software to automate tasks, improve employee safety, cut costs, and detect fraud. Palantir's platform accumulates large amounts of information from disparate sources to help organizations make better data-driven decisions.
When I compared these two volatile stocks nearly a year ago, I concluded that Palantir's more consistent growth, its lack of customer concentration issues, and more manageable losses made it a better buy than C3. But since then, Palantir's stock has declined 19% as C3's stock rose 29%. Did I make the wrong call, or will Palantir still outperform C3 over the long run?
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Source Fool.com
