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2 Popular AI Stocks to Sell Before They Drop 30% and 55%, According to Select Wall Street Analysts
We are more than two years into the artificial intelligence trade, and Palantir Technologies (NASDAQ: PLTR) and Nvidia (NASDAQ: NVDA) have been standout performers. Their share prices since January 2023 have increased 2,000% and 875%, respectively. But certain Wall Street analysts think it's time to sell.Wall Street seems to agree with Brent Thill where Palantir is concerned. The median target price among 28 analysts is $110 per share, which implies 19% downside. But Jay Goldberg has the lone sell rating on Nvidia, and the median target price among 69 analysts is $175 per share, which implies 22% upside.Here's what investors should know about Palantir and Nvidia.Continue reading
We are more than two years into the artificial intelligence trade, and Palantir Technologies (NASDAQ: PLTR) and Nvidia (NASDAQ: NVDA) have been standout performers. Their share prices since January 2023 have increased 2,000% and 875%, respectively. But certain Wall Street analysts think it's time to sell.
Wall Street seems to agree with Brent Thill where Palantir is concerned. The median target price among 28 analysts is $110 per share, which implies 19% downside. But Jay Goldberg has the lone sell rating on Nvidia, and the median target price among 69 analysts is $175 per share, which implies 22% upside.
Here's what investors should know about Palantir and Nvidia.
