Palantir Stock vs. Amazon Stock: A Wall Street Analyst Says Buy One and Sell the Other

Palantir Technologies (NASDAQ: PLTR) and Amazon (NASDAQ: AMZN) beat the S&P 500 (SNPINDEX: ^GSPC) over the past year, and both companies should benefit as adoption of artificial intelligence (AI) increases. But Brent Thill at Jefferies has a sell rating on Palantir and a buy rating on Amazon, as detailed below:More broadly, Wall Street is thinking along the same lines. Palantir's median target price of $96 per share implies 18% downside, and Amazon's median target price of $270 per share implies 17% upside. Here's what investors should know about these AI stocks.Palantir reported fourth-quarter financial results that crushed Wall Street estimates on the top and bottom lines. Its customer count rose 43% to 711, and the average existing customer spent 20% more. In turn, revenue increased 36% to $828 million as sales growth accelerated across commercial and government customers. In addition, non-GAAP net income surged 75% to $0.14 per diluted share.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool