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2 Popular Artificial Intelligence (AI) Stocks to Sell Before They Plunge 20% and 79%, According to Certain Wall Street Analysts
BPOPPopular(BPOP) The Motley Fool·2024-10-25 09:05

Some analysts think these artificial intelligence stocks have flown too high.Shares of Palantir Technologies (PLTR 2.28%) and Super Micro Computer (SMCI 1.92%) advanced 169% and 83%, respectively, over the past year amid soaring interest in artificial intelligence (AI). But certain Wall Street analysts expect the stocks to fall sharply over the next 12 months, as detailed below:In August, Rishi Jaluria at RBC Capital Markets reaffirmed his price target on Palantir of $9 per share. That forecast implies 79% ...