There's plenty of evidence that Palantir's (NYSE: PLTR) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at,

Dubbed the Messi of AI growth, Palantir Technologies Inc. (NASDAQ:PLTR) has had a remarkable couple of years. The stock soared more than 45% this month alone, demonstrating how far it has come from being a government-focused contracting and consulting firm to an AI-driven data analytics software company.

Palantir Technologies stock (NYSE: PLTR) has had a solid run, rising more than 3.5x since the beginning of the year to about $63 presently.

Palantir (NYSE: PLTR) has been one of the hottest artificial intelligence (AI) stocks to own this year. It's up around 280% as of the time of this writing and has far exceeded many investors' expectations.

Artificial intelligence stocks are soaring in 2024, but only one is the better AI stock between Nvidia (NASDAQ: NVDA) and Palantir (NYSE: PLTR). Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.