While artificial intelligence (AI) is a field that shows great promise, some AI stocks appear to have gotten overhyped lately relative to their business results. Palantir Technologies (NYSE: PLTR) is one of these companies. Its stock had a phenomenal 2023, soaring 167% in a year when Palantir's business results might be considered below average.

Instead, if I wanted to add an AI stock to my portfolio, I'd look to UiPath (NYSE: PATH) or CrowdStrike (NASDAQ: CRWD). Both offer superior growth yet come at a similar or cheaper price tag. Let's see why.

Palantir's AI tools help its customers create custom AI models and dashboards that allow its users to make the most informed decisions possible.

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Source Fool.com