1 Historically Pricey Artificial Intelligence (AI) Stock to Steer Clear Of in June, and Another That Can Be Bought With Confidence
From Nasdaq: 2025-06-04 03:51:00
Investors have been drawn to artificial intelligence (AI) for the past few years, with a projected $15.7 trillion global market by the end of the decade. Palantir Technologies (NASDAQ: PLTR) has seen its stock soar almost 2,000% since 2022 due to its AI-fueled platforms, but may face challenges ahead.
Despite Palantir’s success, there are concerns about its future growth potential. The company’s government contracts could be impacted by changes in defense spending, and its limited pool of clients may hinder long-term sales growth. Additionally, history shows that early-stage technology trends often face bubble-bursting events.
On the other hand, Google parent Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) stands out as a bargain in the AI space. Despite legal uncertainty and competition from large language model chatbots, Alphabet’s dominance in internet search and advertising makes it a strong long-term investment. With Google Cloud’s growth potential and solid financial position, Alphabet offers investors a compelling opportunity.
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