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Google (GOOG) (NASDAQ:GOOGL) and Palantir (NASDAQ:PLTR) are well positioned as software companies are “shining” and reaping the benefits of artificial intelligence, Wedbush Securities said. “With over ...
With a price-to-earnings (P/E) ratio of 480, Palantir trades at a huge premium. For context, the tech-heavy Nasdaq-100 has an average P/E of just 29. And the AI industry leader, Nvidia, trades for a P ...