Palantir Is Quietly Gaining Ground in the AI Spending Race

1 day ago 5

Faizan Farooque

Thu, Jul 24, 2025, 2:12 PM 1 min read

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Wedbush analyst Daniel Ives says that Palantir (PLTR, Financials) may not get as much press as Nvidia (NVDA, Financials), but it is one of the best AI stocks to buy as we approach into late 2025.

In his most recent research note, Ives named Palantir as one of his top selections, stating that the business is in a good position to benefit from a surge in enterprise AI expenditure as companies shift from testing to deployment.

Ives thinks that the next several years will see a big change as companies use AI more and more in their daily work.

That fits perfectly with Palantir's strengths in government and data analysis. He also mentioned recent events, including the U.S. government's approval of Nvidia's sales of AI chips to China, as a likely hint that regulatory tensions are easing. This might be good for companies like Palantir that have strong relationships to the federal government.

This article first appeared on GuruFocus.


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