TheStreet Pro often gets asked if which stock its most bullish on right now. Well, portfolio manager Chris Versace is here with your answer. He explains why the answer to that question is Palantir (PLTR) .
Transcript:
Chris Versace: Many times I get asked the question, you know, Chris, across the array of stocks that you have in the portfolio. Do you have one that you’re most bullish on right now? And the answer is Palantir. Why do I say Palantir? We’re coming off the company’s recent conference where they showcased a number of new partners that really speak to the productivity that they’re able to drive as they adopt the suite of services from Palantir leveraging AI.
Related: Veteran trader makes bold move on Palantir, Rocket Lab and SoFi
And as we know, we are still in the very early days of AI adoption. CIOs are continuing to shift their it budgets towards AI related initiatives in order to drive greater productivity. So I continue to see Palantir benefiting from that.
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