Shares of AI darling Palantir (NASDAQ:PLTR) went parabolic following the release of some exceptional quarterly earnings results. Now up more than 260% year to date, questions linger as to whether the AI-first big data analytics has what it takes to keep delivering profoundly strong quarters to support its remarkable rally.
Indeed, a 44% pop in just a few weeks is an explosive gain, to say the least. But given where the puck is at in the AI hockey game, I’d argue that numerous scenarios could play out that lead PLTR stock to even higher levels in the new year.
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