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Could Palantir Stock Help You Become a Millionaire?

TheMotleyFool

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Could Palantir Stock Help You Become a Millionaire?: https://g.foolcdn.com/editorial/images/764318/it-team-solving-a-problem.jpg

Palantir Technologies (NYSE: PLTR) has used artificial intelligence (AI) for longer than nearly any other company. As a result, it already has a strong foothold in this space, making it a go-to company for anyone looking for a tailored AI program that helps make decisions.

Palantir had a strong 2023, up 167%, but faltered to start 2024. However, once its fourth-quarter earnings report came out, 2024 quickly turned around thanks to a 30% single-day rise.

This jump came from strong results and great guidance, making it seem like Palantir could be set for another strong year. But is it enough to make you a millionaire?

Source Fool.com

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