Can C3.ai Become the Next Palantir Technologies?

Palantir Technologies (PLTR 2.09%) stock was in red-hot form in 2024 as investors showed increasing interest in this software platforms specialist thanks to strong demand for the company's artificial intelligence (AI)-focused offerings, which led to nice accelerations in its top- and bottom-line growth.As of this writing, the stock is up an eye-popping 380% this year, and now trades at an extremely rich valuation. With a price-to-sales ratio of 75 and a trailing earnings multiple of 412, Palantir is not an ...