Palantir Technologies ( PLTR 1.56%) has been one of the top-performing stocks this year. The company's strong results led to the stock's inclusion on the S&P 500, and now it has moved to the Nasdaq stock exchange, where it could soon join the even more exclusive Nasdaq 100 index.

Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Artificial intelligence (AI) has defined the investment narrative of 2024, and Palantir Technologies Inc. (PLTR) has emerged as a massive beneficiary of this transformative trend thanks to its cutting-edge Artificial Intelligence Platform (AIP),

Some might view Palantir Technologies (NASDAQ: PLTR) and Tesla (NASDAQ: TSLA) as "Trump stocks." Both companies have ties to the president-elect and his team. Palantir's co-founder, Peter Thiel, was a Trump supporter in the past and a mentor to Vice-President-elect J.