Posted 3/19/2024, 8:27:00 AM
Palantir Poised to Join S&P 500 After Meeting Size and Profitability Requirements
- Palantir is a fast-growing, profitable AI and data analysis company now eligible for inclusion in the S&P 500
- With a $53 billion market cap, it meets the minimum size and profitability requirements
- The S&P 500 is updated quarterly, so Palantir is likely to be added by end of 2024
- Inclusion could provide a boost to Palantir's already soaring stock
- Investors may want to consider buying Palantir stock before it joins the index
