10 Trending AI Stocks on Investors’ Radar

8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 43

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On January 30, Jefferies analyst Brent Thill maintained a “Sell” rating on Palantir Technologies and set a price target of $28.00. While the analyst has acknowledged that the technology giant’s fundamentals remain robust, he has also forecasted a 65% stock price drop in the coming 12 months. Not everyone is pessimistic about Palantir’s stock, however. On January 23, Wedbush Securities maintains its “Outperform” rating on the stock, demonstrating confidence in the company’s artificial intelligence (AI) strategy. The analyst told investors in a research note that even though Palantir’s valuation is expensive today, the “Messi of AI,” is going to be a major winner in the trillions of AI spend over the next few years.