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Missed Out on Palantir's Run-Up? Here's My Best Alternative Data Software Stock to Buy and Hold

TheMotleyFool

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Missed Out on Palantir's Run-Up? Here's My Best Alternative Data Software Stock to Buy and Hold: https://g.foolcdn.com/editorial/images/785180/stock-analyst-thinking.jpg

Palantir Technologies has been a big winner in the past year and a half. Shares are up by more than 300% since the start of 2023. The data software company looks to have a bright future, but it's hard to deny that the opportunity for new investors to profit has diminished after such a run. However, another data software company lurks in Wall Street's shadows, waiting to shine.

Snowflake's (NYSE: SNOW) initial public offering (IPO) was one of the most hyped in recent memory, but the stock has disappointed. Shares have lost a quarter of their value over the past year and are nearly 70% off their 2021 high.

Source Fool.com

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