Which Is the Best Artificial Intelligence (AI) Stock to Buy Now in May?
Fool.com contributor Parkev Tatevosian compares Palantir (NYSE: PLTR) and Arm Holdings (NASDAQ: ARM) to determine the better AI stock to buy for long-term investors.
*Stock prices used were the afternoon prices of May 16, 2024. The video was published on May 18, 2024.
Should you invest $1,000 in Palantir Technologies right now?
Before you buy stock in Palantir Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $566,624!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.
*Stock Advisor returns as of May 13, 2024
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Palantir Stock or Arm Stock: Which Is the Best Artificial Intelligence (AI) Stock to Buy Now in May? was originally published by The Motley Fool
