15 Best Fast Growth Stocks To Buy Right Now

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8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 63 

Palantir Technologies Inc. (NASDAQ:PLTR) is a publicly traded company that specializes in software platforms for big data analytics. In the fiscal year 2024, revenue grew 29% year-over-year to $2.87 billion. In the fourth fiscal quarter of 2024, revenue grew 36% year-over-year and 14% quarter-over-quarter to $828 million. The firm also closed 129 deals of at least $1 million, 58 deals of at least $5 million, and 32 deals of at least $10 million, underscoring the company’s strong position in the market. In December last year, the company announced the extension of its long-standing partnership with the US Army to enhance the Army Vantage capability in support of the Army Data Platform (ADP). This agreement is valued at $400,746,583 over up to four years, with a potential total ceiling of $618,871,428.

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