Meet the Newest Addition to the S&P 500. The Stock Has Soared 845% Since Early Last Year, and It's Still a Buy Right Now, According to 1 Wall Street Analyst.
Palantir Technologies(PLTR) The Motley Fool·2024-11-17 07:02This artificial intelligence (AI) pioneer was invited to join the storied S&P 500 Index after years of impressive growth.The S&P 500 (^GSPC -1.32%) is regarded by many as the best overall gauge of the U.S. stock market, as it includes the 500 largest publicly traded companies in the country. Given the breadth of businesses that make up the index, it is considered to be the most reliable benchmark of overall stock market performance. To be considered for admission to the S&P 500, a company must meet the foll ...