Meet the Newest Addition to the S&P 500. The Stock Has Soared 845% Since Early Last Year, and It's Still a Buy Right Now, According to 1 Wall Street Analyst.
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An AI pioneer has been added to the S&P 500 Index after experiencing an 845% stock price increase since early last year. A Wall Street analyst still considers it a buy.
November 16, 2024 | 11:15 pm
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Palantir Technologies (PLTR) has been added to the S&P 500 Index, following a significant 845% increase in its stock price since early last year. A Wall Street analyst maintains a buy rating on the stock.
The inclusion of Palantir in the S&P 500 is a significant milestone, likely to attract more institutional investors and increase demand for the stock. The 845% price increase and a buy rating from an analyst suggest continued positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100