Why Billionaires Are Buying This Lesser-Known AI Stock

Several billionaires are loading up on this AI stock (not Nvidia). It’s a clear sign of confidence in this AI company. Here’s the NAME and TICKER. Why Billionaires Are Buying This Lesser-Known AI Stock By Ian Wyatt August 6th, 2024 According to the latest 13F filings… Several billionaires are loading up on Palantir (NYSE: PLTR) stock. It’s a clear sign of confidence in this AI company. Yet Palantir’s growth is only possible with the development of [the Oppenheimer Project.]( That’s why tech insiders including Jeff Bezos, Bill Gates and Sam Altman are investing billions. [Go here for details on this 1,355% opportunity.]( Palantir has been one of the market’s biggest AI winners. It’s up 45% YTD… And the company just had its first full year as a profitable business. A select group of billionaires clearly believe the stock could surge much more. This group includes… - David Siegel and John Overdeck of Two Sigma Investments (3,216,525 shares) - Philippe Laffont of Coatue Management (1,368,832 shares) - Stanley Druckenmiller of Duquesne Family Office (769,965 shares) - Israel Englander of Millennium Management (481,634 shares) But why are they betting on Palantir? The main reason may be its unique, large-scale services. While other companies may offer SOME of what Palantir does… None can match its full range of services. Its AI-driven Gotham platform has been a major growth driver for years, mainly serving government clients by helping with data collection and mission planning. These multiyear contracts tend to provide steady double-digit growth. Meanwhile, Palantir’s Foundry platform also provides long-term growth potential. Foundry is geared toward businesses. It uses AI, machine learning, and optimization models to help companies analyze data and improve their operations. In short… There is big demand for Palantir’s AI-driven data and analytics tools from both government agencies and private enterprises. This is one of the reasons why Wedbush analyst Dan Ives is so bullish on the stock. In his own words: "The company has been generating significant demand across both commercial and government organizations with more customers seeing their AI strategies accelerate outside of chat to improve efficiencies and witness operational benefits with PLTR technologies." But in my view, [this is a much better opportunity]( to ride the AI boom. Jeff Bezos, Bill Gates, and Sam Altman are investing billions in it. Even Warren Buffett is getting in on the ground floor. To discover how it could make you a 1,355% gain… [Simply go here now for urgent details.]( Ian Wyatt [VISIT WWW.WYATTRESEARCH.COM]( [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477