15 AI Stocks Taking Wall Street by Storm

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12. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 43

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of AI systems. Palantir Technologies Inc. (NASDAQ:PLTR) is one of 2024’s best-performing AI stocks. On November 26, the company began trading on the NASDAQ exchange, reinforcing the company’s image as a strong force in the AI industry. This is because the NASDAQ is mostly affiliated with the tech sector. Following the shift, Bank of America analyst Mariana Perez Mora has raised the price target for the AI darling from $50 to a street-high of $75 and maintained a “Buy” rating on the stock.

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