Palantir stock has surged over 2,000% in the past three years, but its potential for further growth may be limited. Investors may want to consider companies benefiting from infrastructure-related tailwinds, like Home Depot, which could see increased spending on renovations and home improvement projects. Additionally, AMD is emerging as a strong rival to Nvidia in the AI computing hardware space.

Home Depot, with its strong brand loyalty and digital supply chain investments, is poised to benefit from increased infrastructure spending and homebuilding. On the other hand, AMD is gaining ground as a key player in AI infrastructure construction, challenging Nvidia’s dominance in the market. Both companies could potentially outperform Palantir in the coming years.

Investors should weigh their options before investing in Home Depot, as there may be better opportunities elsewhere. The Motley Fool’s Stock Advisor team has identified 10 stocks with significant growth potential, excluding Home Depot. Joining Stock Advisor could provide access to top-performing stock recommendations that have historically outperformed the market.

Read more at Nasdaq: Prediction: These 2 Companies Will Be Worth More Than Palantir 5 Years From Now