3 ETFs That Have Quietly Loaded Up on Palantir Stock
Briefly

Palantir's stock recently increased by over 22% following exceptional quarterly earnings, stirring discussions regarding its valuation amidst a promising growth trajectory. The data analytics firm, valued at $230 billion, is seen as a key player in the burgeoning AI sector. While unit prices look high according to conventional metrics, potential growth draws investors' interest towards ETFs that have shown bullish strategies through significant Palantir holdings. The landscape continues to evolve, making it essential for passive investors to consider strategic moves to capitalize on the opportunities in AI investing.
Palantir's stock has surged over 22% following strong quarterly earnings, raising questions about its valuation and growth potential amidst uncertainty in the AI sector.
As Palantir stock rises, investors consider ETFs that have increased their holdings in the company, potentially revealing winners in the AI arms race.
Despite being seen as pricey, Palantir's significant growth opportunity may justify its stock price, especially for passive investors interested in AI.
The Ark Innovation ETF is reviving after a challenging period, driven in part by its strong holdings in innovative companies like Palantir.
Read at 24/7 Wall St.
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