Posted 12/18/2023, 12:15:00 PM
Palantir Tops C3.ai as Best AI Stock Bet Despite Similar Growth
- Palantir and C3.ai are top AI stocks providing solutions for clients, but tackle different areas of the market
- Both companies grew revenue around 17% last quarter, but Palantir is larger so its growth is more impressive
- Palantir is profitable and improving, while C3.ai posted a 108% operating loss last quarter
- Palantir trades at a premium valuation of 19x revenue due to its dominance, while C3.ai trades at 12x
- Palantir is the better investment given its profitability and growth, but both stocks are priced for perfection