From Yahoo Finance: 2025-04-23 18:12:00

In the face of US trade tariffs, equity markets are experiencing heightened volatility and pullbacks. The S&P 500 dropped by 6% on April 4 due to large tariffs on global trade partners, sparking investor caution.

Following the tariff announcements, the Bloomberg Billionaires Index saw a record two-day loss of $536 billion. Prominent Wall Street figures, including Bill Gross, are warning of continued market turmoil.

Despite market chaos, opportunities are emerging as stock valuations have plummeted. Billionaires are buying the dip, echoing Warren Buffett’s advice to be “greedy when others are fearful.”

Palantir Technologies Inc. (PLTR) has surged 333% in the past year, becoming a top multibagger stock for billionaires. The company’s AI platform is in high demand, securing deals with governments and NATO, projecting $3.76 billion in sales for 2025.

PLTR ranks second on the list of best multibagger stocks, backed by billionaires. However, there may be more promising AI stocks for higher returns in a shorter time frame. Consider exploring cheaper AI stock options for potential investment opportunities.



Read more at Yahoo Finance: Is Palantir Technologies Inc. (PLTR) the Best Multibagger Stock to Buy According to Billionaires?