1 Popular AI Stock to Sell Before It Falls 17%, According to Wall Street Analysts (Hint: It's Not Nvidia)
The hype around artificial intelligence (AI) has gone into overdrive, and taken Palantir Technologies (NASDAQ: PLTR) stock with it. A software and analytics provider for big business and the United States government, Palantir is now the 22nd-largest company in the world measured by market capitalization. The stock is up close to 600% in the last year.
Investors have fallen in love with Palantir. However, analyst estimates have a price target of $150 for the stock versus $180 as of this writing on Aug. 7. This could mean Palantir stock is set to fall 17% from highs.
In fact, I think the downside may be even more severe. Here's why shareholders should consider dumping Palantir after its monster run.
Source Fool.com
