11 Trending AI Stocks on Latest News and Ratings

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10. Palantir Technologies Inc. (NYSE:PLTR)

Number of Hedge Fund Holders: 44  

Palantir Technologies Inc. (NYSE:PLTR) is an American company that specializes in software platforms for big data analytics. On November 7, Argus downgraded Palantir to Hold from Buy. In an investor note, the advisory highlighted that the company had been dramatically improving its profitability and cash flow over the past year, but shares had about tripled in value this year and might be getting ahead of what the company fundamentals could support. Palantir also specializes in catering to a small segment of organizations with highly complex IT challenges, which could lead to uneven results that the market tends to punish in highly valued tech stocks, the advisory added.

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