Posted 2/17/2024, 12:00:00 PM
Nvidia Edges Out Palantir as Best AI Investment Based on Growth, Profits and Valuation
- Nvidia provides AI hardware (GPUs) while Palantir offers AI software; they serve different markets
- Palantir has steadier, recurring revenue but Nvidia is growing over 2x faster
- Both companies are currently profitable, but Nvidia has much higher margins
- Nvidia looks more reasonably valued based on forward P/E ratio vs peers than Palantir does on P/S ratio
- Overall Nvidia edges out Palantir for best AI investment based on growth, profits, and valuation