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Once a high-flying stock, Palantir Technologies(NASDAQ: PLTR) isn't having a good year. The stock is down about 25% so far this year, putting it firmly in bear market territory.
But I'm convinced this is an outstanding buying opportunity for what I believe is the best artificial intelligence software company on the planet, and that's why I'm buying more shares of Palantir stock now.
Palantir CEO Alex Karp says any company involved in AI will find something to like in his company's products. Image source: Palantir Technologies.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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