We recently published a list of 10 AI Stocks Investors are Watching Closely. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other AI stocks investors are watching closely.

Palantir Technologies Inc. (PLTR) ended the recent trading session at $78.98, demonstrating no swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.

Palantir Technologies (NASDAQ:PLTR) continued gains for eight straight sessions as the stock closed 0.08% higher, at $79.04 on Friday.    The Colorado-based software company gained more than 19% in the preceding seven trading sessions.

Palantir Technologies (NASDAQ: PLTR) went public with a direct listing on the stock market in September 2020, and shares of the software platforms and data analytics provider delivered healthy gains since then.

Palantir Technologies (NASDAQ:PLTR) has been one of the best-performing artificial intelligence stocks over the past year, even better than Nvidia (NASDAQ:NVDA). Where the chipmaker returned 171% for investors in 2024,

Palantir Technologies (NASDAQ:PLTR) has been described as the best pure-play stock in artificial intelligence. The market agrees, sending shares of PLTR stock some 342% higher over the past year, far better than Nvidia (NASDAQ:NVDA),

Major stock indexes weren't moving much in the stock market today, but there were plenty of big gainers below the surface.

Palantir Technologies (NASDAQ: PLTR) was the standout and number one performer in the S&P 500 in 2024, with its stock skyrocketing 340% in 2024 and elevating its market capitalization to an impressive $163 as of the January 17 close.

Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have recently been two of the hottest stocks on Wall Street because both companies play a key role in the artificial intelligence economy.

Palantir Technologies Inc . (NYSE:NASDAQ:PLTR), with its current market capitalization of $179.14 billion, has emerged as a prominent player in the artificial intelligence (AI) and data analytics space.

Has there been a bigger artificial intelligence (AI) winner than Palantir Technologies (NASDAQ: PLTR)? The company has thrived on the accelerating demand for AI software and applications, fueling rabid demand for its stock.

Palantir delivered 14 times the gains of the S&P 500 last year. Here's how the data mining and artificial intelligence (AI) specialist generated game-changing results.