Palantir's AI Platform Fuels Growth Despite Challenging Economy
• Palantir Technologies (PLTR) is emerging as a leader in AI software, with its new Palantir Artificial Intelligence Platform (AIP) • PLTR grew revenue 17% and expanded operating margin in 2023, despite macroeconomic headwinds • The company is rapidly acquiring new customers, especially in the commercial sector, up 44% • PLTR trades at a premium valuation, but could be added to the S&P 500 given its profitability • One analyst sees over 40% upside for the stock as PLTR's momentum continues over the long term