Zacks highlights NVIDIA and Palantir as top trading stocks due to AI advancements
From Nasdaq: 2025-03-27 05:00:00
Zacks.com highlights NVIDIA Corporation and Palantir Technologies Inc. as top trading stocks on Wall Street due to advancements in artificial intelligence (AI). NVIDIA’s dominance in data center GPUs leads to a 114% revenue increase, while Palantir’s AIP boosts revenues by 29%. NVIDIA’s growth potential surpasses Palantir’s, making it a more promising buy with a Zacks Rank #2 compared to Palantir’s #3. NVIDIA’s sales are projected to soar 65% year over year, outpacing Palantir’s 31% growth projection. Brokers have more faith in NVIDIA, raising its average short-term price target by 45.9% to $177.19, while lowering Palantir’s by almost 13% to $84.22. NVIDIA also has a more affordable price/earnings ratio of 27.41 compared to Palantir’s 173.56.
Read more at Nasdaq: The Zacks Analyst Blog Highlights NVIDIA, Palantir, Microsoft, Alphabet and Intel
