Could Innodata Become the Next Palantir?
Innodata(INOD) The Motley Fool·2024-07-29 19:13
Investors should keep an eye on this little generative AI company.Palantir (PLTR 2.06%), a data mining and analytics firm that serves the U.S. government and large companies, went public via a direct listing on Sept. 30, 2020. It started trading at $10 and went through some wild swings, but now trades at about $29. The company impressed the bulls with its robust growth, rising profits, and the rapid expansion of its domestic commercial business, which helped reduce its dependence on rigid government contrac ...