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Is Palantir Technologies Stock a Buy?


Excitement regarding the vast potential for artificial intelligence (AI) has kicked into high gear since early last year, sparking something of an AI gold rush. The potential to automate time-consuming tasks and increase productivity is an intriguing proposition for most companies, but many simply don't know where to start.

That's not a problem for Palantir Technologies (NYSE: PLTR) customers. For more than two decades, the company has been developing customized AI solutions for U.S. government agencies and their allies. This experience and know-how gave Palantir the ability to create a novel solution that helps businesses get AI solutions up and running quickly. That strategy has already begun to pay dividends and is getting rave reviews from customers.

Image source: Getty Images.

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Source Fool.com

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