AI stocks like AMD and ServiceNow offer more reasonable valuations and potential growth than Palantir

From Nasdaq: 2025-03-07 04:15:00

Shares of Palantir Technologies (NASDAQ: PLTR) have surged over 1,000% since 2022, with a market cap of $195 billion. Analysts are cautious due to the high valuation, recommending a neutral hold. Meanwhile, AI stocks like Advanced Micro Devices (NASDAQ: AMD) and ServiceNow (NYSE: NOW) offer more reasonable valuations and potential growth opportunities.

Advanced Micro Devices (AMD) is a leading chip supplier with a market cap of $158 billion. While facing challenges in certain business segments, strong growth in data centers and client segments shows promise. With a focus on AI chips and market share gains, AMD is poised for solid returns despite recent setbacks.

ServiceNow (NOW) is an enterprise software company with a market cap of $185 billion. Strong revenue growth and expanding margins are driving earnings and cash flow growth. The company’s focus on AI agents and large deals positions it for continued success, making it a strong investment option compared to Palantir.

Investing in Advanced Micro Devices offers potential for growth, but investors should consider other top stock picks for better returns. The Motley Fool’s Stock Advisor service provides expert guidance and recommendations for building a successful portfolio. Joining Stock Advisor could lead to significant returns, as seen with past recommendations like Nvidia. Consider exploring the top 10 stock picks for future investment opportunities.



Read more at Nasdaq: 2 AI Stocks That Could Be Worth More Than Palantir by 2026