Investing in AI stocks like Palantir Technologies and Alphabet Inc. offers high growth potential.

From Nasdaq: 2024-07-12 10:31:17

The stock market offers opportunities for wealth growth but can be volatile. Artificial intelligence (AI) companies are gaining investor interest for their innovation and market disruption potential. Investing in AI stocks can provide high growth potential but comes with higher risk. Palantir Technologies (PLTR) and Alphabet Inc. (GOOGL) are two AI stocks trending in the market.

Palantir Technologies develops big data analytics software and recently announced a $19 million partnership with ARPA-H for health solutions. PLTR stock has jumped 69.12% year-to-date. Alphabet Inc. is a tech conglomerate with diverse businesses. Last quarter, Alphabet beat estimates with an EPS of $1.89 per share. Year-to-date, GOOGL stock is up 34.16%. During Friday trading, shares are slightly down at $185.34.



Read more at Nasdaq: Best AI Stocks To Buy Now? 2 To Watch In July 2024