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Yahoo
09-04-2025
- Business
- Yahoo
Is GDS Holdings Limited (GDS) the Best Performing Growth Stock in 2025?
We recently published a list of In this article, we are going to take a look at where GDS Holdings Limited (NASDAQ:GDS) stands against other best performing growth stocks in 2025. Heavy AI investments and the tariffs uncertainty have been putting pressure on the technology and growth sector. While some analysts are giving caution to stay away from growth and tech stocks Doug Clinton, Intelligent Alpha founder and CEO remains bullish on tech and growth stocks. He joined CNBC on February 12 for an interview. He noted that moving past the DeepSeek incident the sector has stabilized and he remains bullish on the tech sector. Some of the positive news for the sector as highlighted by Clinton includes hyper-scalers showing earnings growth, moreover, CEOs from the AI industry have indicated that the capital expenditure boom will continue. READ ALSO: and . Clinton further explained that there are levels within the hyperscalers as well in terms of how levered they are to the artificial industry. Companies that have leveraged themselves using artificial intelligence have been experiencing significant growth through developing open-source AI models and by using these technologies to improve their businesses. While answering if tech companies are immune to tariffs, Clinton noted that investors don't need to have 'fire alarms' when it comes to technology companies, mainly hyper-scalers, as these companies are less likely to be overly impacted by the tariffs. This is because these companies are not subject to the import and export issue, which is the main concern regarding tariffs. Clinton explained that he is more interested in the story of technology and growth stocks. Moreover, he is also interested in the developments these tech companies are making with regard to developing their AI products and how the customers are adopting these technologies. Moreover, while catering to the question regarding the likelihood of a trade war with Canada, Mexico, and China, Clinton noted that a trade war is highly unlikely as the current scenario points more toward negotiations. Clinton thinks that the Trump administration is acting as tough negotiators to get some action and the policies will ease down without a trade war. While talking about the next big theme within the technology sector, Clinton thinks that silicon chips are going to remain a prominent theme for 2025, as it is being used to deliver AI products to customers. Moreover, he also mentioned that an emerging sub-theme is the use of custom silicon, which are optimized chips tailored for specific tasks, offering optimized performance and energy efficiency compared to general-purpose processors. To curate the list of 10 best-performing growth stocks in 2025 we used the Finviz stock screener. Using the screener we aggregated a list of growth stocks that have risen more than 30% on a year-to-date basis, sorted by market cap. Next, we ranked these stocks based on the number of hedge fund holders sourced from Insider Monkey's Q4 2024 database. Please note that the data was recorded on March 11, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A top level executive looking out of a skyscraper window, symbolizing the strategic decisions taken by the company. GDS Holdings Limited (NASDAQ:GDS) develops and operates high-performance data centers in China, offering colocation, managed hosting, and managed cloud services. The company is carrier and cloud-neutral, allowing customers access to major telecommunications networks and public clouds within China. Its services include colocation services, managed services, and data center services. On February 21, Raymond James analyst Frank Louthan raised the price target on the stock from $25 to $53, while maintaining a Buy rating. The analyst believes that the company's future growth should be more stable with less associated risks. Baron Real Estate Fund in its Q4 2024 investor letter announced acquired additional shares in GDS Holdings Limited (NASDAQ:GDS). The fund believes that the shares are attractively valued and offer compelling long-term growth prospects. Moreover, the fund anticipates that the company will be able to secure additional high-demand power capacity in Southeast Asia and other international markets, which will extend the company's growth profile. It is one of the best-performing growth stocks in 2025. Baron Real Estate Fund stated the following regarding GDS Holdings Limited (NASDAQ:GDS) in its Q4 2024 investor letter: 'In the most recent quarter, we acquired additional shares in data center operator GDS Holdings Limited (NASDAQ:GDS). We believe the shares are attractively valued and offer compelling long-term growth prospects. Please see 'Top contributors to performance for the quarter ended December 31, 2024' for more on GDS. Overall, GDS ranks 5th on our list of best performing growth stocks in 2025. While we acknowledge the potential of GDS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GDS but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
31-03-2025
- Business
- Yahoo
NVIDIA Corporation (NVDA): The Best Stock to Buy and Hold for 2 Years
We recently published a list of . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other best stocks to buy and hold for 2 years. On March 27, CNBC reported that the stocks dipped on Wednesday, led by the technology sector. The S&P 500 dipped around 1.12%, followed by the Dow Jones, which fell by 132.71 points. More notably, the technology-dominated NASDAQ dropped by 2.40% closing at 17,899.01 points. The drop in the stock market was further aggravated by the White House's announcement of new tariffs on auto imports. To talk about the future of technology and artificial intelligence Doug Clinton, Intelligent Alpha founder, joined CNBC for an interview on March 29. He mentioned that it has been more than a month now that the big technology names, especially artificial intelligence companies, are not performing so well. However, despite the recent dip, Clinton maintained his bullish sentiment for the sector. He pointed out that if we zoom out of the current situation and look at the sector from two to three years from today, we will still see AI stocks rally and large capital expenditure bills. Clinton pointed out that if you are a believer in AI trade it is important to remember that the market has had more than two years of absolutely no turbulence. This period of stability started from the end of 2022 to the beginning of 2025. Clinton categorized the current dip as the first real challenge for the AI trade. Referencing history, he pointed to the Dot Com era, when the Dot Com trade faced its first real challenge. The turbulence took 200 days to reach a new NASDAQ high back then. He clarified that this does not mean that the current turbulence will last 6 months, however, if someone believes in the AI trade then they need to be patient through the dip. READ ALSO: and . While talking about the valuations, Clinton highlighted that the question is about the kind of risks an investor wants to take during the trade. He noted that investors can choose to trade during the turbulence by exiting the market at high times, however, the risk is that the AI stocks can rise 20% to 30% in no time, making it difficult for investors to get back in. Clinton pointed out that he is looking at this trade from a two to three years lens. He believes that this will give him enough exposure and will also reduce the risk of missing out on the bigger picture. To compile the list of 10 best stocks to buy and hold for 2 years we sifted through financial media reports. From these sources, we shortlisted stocks with more than 20% sales growth over the past 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey's Q4 2024 database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a colorful high-end graphics card being plugged in to a gaming computer. NVIDIA Corporation (NASDAQ:NVDA) is an international leader in designing and developing graphics processing units and system-on-a-chip units. Its technologies, which initially powered the gaming industry are now the powerhouse of the artificial intelligence revolution. On March 18, NVIDIA Corporation (NASDAQ:NVDA) announced its partnership with Oracle to accelerate the development and deployment of Agentic AI. To achieve this, the companies will collaborate to make more than 160 AI tools and 100 NVIDIA microservices. Moreover, during the fiscal fourth quarter of 2024, NVIDIA Corporation (NASDAQ:NVDA) delivered a revenue of $39.3 billion, up 78% year-over-year. The growth was driven by a record data center revenue which grew 93% during the same time to reach $35.6 billion. Management noted that they have successfully ramped up the production of Blackwell AI supercomputers, which led its sales to billions. It is the best stock to buy and hold for 2 years. Guinness Global Innovators stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its : 'For a second year running, NVIDIA Corporation (NASDAQ:NVDA) was the Fund's top performing stock, delivering a stellar return of +177.7% over the year. Since the beginning of last year, Nvidia's 'Hopper' GPUs have been at the centre of exploding demand for chips powerful and efficient enough to facilitate the energy intensive requirements of AI processes within datacentres. Initially possessing over 95% of market share in these types of chips, Nvidia have been quick to entrench their position as the technological leader in the space, launching the successor to the current 'Hopper' GPU in March, Blackwell, inhibiting the likes of AMD and Intel making meaningful inroads in taking share of the fast-growing market. Compared to the previous iteration (Hopper) which is continuing to fuel Nvidia's extreme revenue growth, the Blackwell chip is twice as powerful for training AI models and has 5 times the capability when it comes to 'inference' (the speed at which AI models respond to queries). Throughout the year, Nvidia's financial performance has remained resilient. Quarterly revenues hit $35.1 billion in their most recent quarter, beating consensus expectations by 6% and representing a +94% year-over-year increase. Additionally, Nvidia's data centre segment, driven by the Hopper (H100) chip, grew fivefold over the past year, underscoring the sustained demand for advanced AI infrastructure. The H100 chip, priced at around $40,000, continues to see significant adoption due to its ability to enhance AI model training efficiency while lowering overall costs. This growth is expected to continue as companies invest in upgrading existing data centres and building new ones, with Nvidia well-positioned to capture a significant share of the estimated $2 trillion market opportunity over the next five years. There have been some concerns over Blackwell production delays causing share price volatility however, Nvidia has recovered swiftly, driven by positive earnings results through the year and assurances from management regarding future supply. Additionally, the release of the H200 chip promises to extend Nvidia's technological leadership, ensuring continued momentum into 2025. While Nvidia's valuation remains a topic of debate, the stock is not at a significant premium to history, and it still appears reasonable given its dominant market position, innovative prowess, and exposure to long-term secular growth trends in AI, cloud computing, and data infrastructure. As a result, Nvidia remains well-positioned to deliver sustained outperformance over the long term, making it a cornerstone of growth-oriented portfolios.' Overall, NVDA ranks 1st on our list of best stocks to buy and hold for 2 years. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Is MercadoLibre, Inc. (NASDAQ:MELI) The Best Stock to Buy and Hold for 2 Years?
We recently published a list of 10 Best Stocks to Buy and Hold For 2 Years. In this article, we are going to take a look at where MercadoLibre, Inc. (NASDAQ:MELI) stands against other best stocks to buy and hold for 2 years. On March 27, CNBC reported that the stocks dipped on Wednesday, led by the technology sector. The S&P 500 dipped around 1.12%, followed by the Dow Jones, which fell by 132.71 points. More notably, the technology-dominated NASDAQ dropped by 2.40% closing at 17,899.01 points. The drop in the stock market was further aggravated by the White House's announcement of new tariffs on auto imports. To talk about the future of technology and artificial intelligence Doug Clinton, Intelligent Alpha founder, joined CNBC for an interview on March 29. He mentioned that it has been more than a month now that the big technology names, especially artificial intelligence companies, are not performing so well. However, despite the recent dip, Clinton maintained his bullish sentiment for the sector. He pointed out that if we zoom out of the current situation and look at the sector from two to three years from today, we will still see AI stocks rally and large capital expenditure bills. Clinton pointed out that if you are a believer in AI trade it is important to remember that the market has had more than two years of absolutely no turbulence. This period of stability started from the end of 2022 to the beginning of 2025. Clinton categorized the current dip as the first real challenge for the AI trade. Referencing history, he pointed to the Dot Com era, when the Dot Com trade faced its first real challenge. The turbulence took 200 days to reach a new NASDAQ high back then. He clarified that this does not mean that the current turbulence will last 6 months, however, if someone believes in the AI trade then they need to be patient through the dip. READ ALSO: and . While talking about the valuations, Clinton highlighted that the question is about the kind of risks an investor wants to take during the trade. He noted that investors can choose to trade during the turbulence by exiting the market at high times, however, the risk is that the AI stocks can rise 20% to 30% in no time, making it difficult for investors to get back in. Clinton pointed out that he is looking at this trade from a two to three years lens. He believes that this will give him enough exposure and will also reduce the risk of missing out on the bigger picture. To compile the list of 10 best stocks to buy and hold for 2 years we sifted through financial media reports. From these sources, we shortlisted stocks with more than 20% sales growth over the past 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey's Q4 2024 database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer using their phone to access an online commerce platform. MercadoLibre, Inc. (NASDAQ:MELI) is a leading fintech and e-commerce company based in Argentina. It primarily offers various services through its platforms including Mercado Libre Marketplace, Mercado Pago, Mercado Envios, and more. Its platforms enable sellers and buyers to engage in retail and wholesale commercial transactions. On March 17, Morgan Stanley analyst Andrew R. Ruben maintained a Buy rating on the stock, highlighting that the company has developed a strategic position in the market with the potential to expand in the Latin American market. Ruben also noted that MercadoLibre, Inc. (NASDAQ:MELI) is focused on improving its logistic capabilities and is investing in its fintech and e-commerce platforms to gain market share, despite the competitive pressure. Moreover, during the fiscal third quarter of 2024, MercadoLibre, Inc. (NASDAQ:MELI) demonstrated strong performance in gross merchandising value (GMV), total payment volume, and credit portfolio. All of which led to the company outpacing the markets in Argentina, Brazil, and Mexico. In addition, the improvements in value proposition resulted in growth in unique buyers, which surpassed 100 million during the quarter. During fiscal 2024, MercadoLibre, Inc. (NASDAQ:MELI) generated $21 billion in revenue and more than $1 billion as free cash flow, making it one of the best stocks to buy and hold for 2 years. Hardman Johnston Global Equity stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its Q4 2024 investor letter: 'The top individual detractors from relative performance were MercadoLibre, Inc. (NASDAQ:MELI), IQVIA, and Universal Display Corp. MercadoLibre struggled due to a combination of fundamentals and an increasingly challenging macroeconomic environment in its primary regions, predominately Brazil. The issue within fundamentals was related to a shortfall in operating margins, as the company significantly invested across its platforms, with the addition of six new fulfillment centers aimed at regionalizing its distribution network to better serve and retain its commerce customer base and expand its credit card offering. While these investments caused a negative reaction in the stock's share price, the company has consistently demonstrated effective capital allocation in support of its medium and long term growth. Outside of the company's control, the outlook for inflation in Brazil deteriorated throughout the year, weighing on equities across the region. We continue to monitor the region's macroeconomic backdrop as a key investment risk for MercadoLibre, but we view the company as a best-in-class operator that will emerge in a better position on the other side of a macro recovery.' Overall, MELI ranks 7th on our list of best stocks to buy and hold for 2 years. While we acknowledge the potential of MELI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MELI but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
31-03-2025
- Automotive
- Yahoo
Is Tesla, Inc. (NASDAQ:TSLA) The Best Stock to Buy and Hold for 2 Years?
We recently published a list of 10 Best Stocks to Buy and Hold For 2 Years. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other best stocks to buy and hold for 2 years. On March 27, CNBC reported that the stocks dipped on Wednesday, led by the technology sector. The S&P 500 dipped around 1.12%, followed by the Dow Jones, which fell by 132.71 points. More notably, the technology-dominated NASDAQ dropped by 2.40% closing at 17,899.01 points. The drop in the stock market was further aggravated by the White House's announcement of new tariffs on auto imports. To talk about the future of technology and artificial intelligence Doug Clinton, Intelligent Alpha founder, joined CNBC for an interview on March 29. He mentioned that it has been more than a month now that the big technology names, especially artificial intelligence companies, are not performing so well. However, despite the recent dip, Clinton maintained his bullish sentiment for the sector. He pointed out that if we zoom out of the current situation and look at the sector from two to three years from today, we will still see AI stocks rally and large capital expenditure bills. Clinton pointed out that if you are a believer in AI trade it is important to remember that the market has had more than two years of absolutely no turbulence. This period of stability started from the end of 2022 to the beginning of 2025. Clinton categorized the current dip as the first real challenge for the AI trade. Referencing history, he pointed to the Dot Com era, when the Dot Com trade faced its first real challenge. The turbulence took 200 days to reach a new NASDAQ high back then. He clarified that this does not mean that the current turbulence will last 6 months, however, if someone believes in the AI trade then they need to be patient through the dip. READ ALSO: and . While talking about the valuations, Clinton highlighted that the question is about the kind of risks an investor wants to take during the trade. He noted that investors can choose to trade during the turbulence by exiting the market at high times, however, the risk is that the AI stocks can rise 20% to 30% in no time, making it difficult for investors to get back in. Clinton pointed out that he is looking at this trade from a two to three years lens. He believes that this will give him enough exposure and will also reduce the risk of missing out on the bigger picture. To compile the list of 10 best stocks to buy and hold for 2 years we sifted through financial media reports. From these sources, we shortlisted stocks with more than 20% sales growth over the past 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey's Q4 2024 database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Tesla, Inc. (NASDAQ:TSLA) is a renowned designer and manufacturer of electric vehicles and energy generation and storage systems. The company operates through two main segments including the Automotive Segment and Energy Generation and Storage Segment. While the company has a range of electric vehicles in the market, it is also working on developing fully autonomous vehicles. Nightview Capital mentioned Tesla, Inc. (NASDAQ:TSLA) in its Q4 2024 investor letter. The fund believes that the company is a market leader in AI technology, however, it continues to be underestimated by the market. Nightview Capital mentioned that the company after a relatively flat period of growth is on the verge of the next S-curve, led by its achievements in autonomous driving, energy storage, and electric vehicles. The fund noted that its leadership in Full Self-Driving (FSD) is one of the key competitive advantages. Moreover, the energy storage potential is also a hidden gem that the fund believes has the potential to become a trillion-dollar business. During the fiscal fourth quarter of 2024, Tesla, Inc. (NASDAQ:TSLA) produced 459,445 electric vehicles and delivered 495,570. While the total Automotive Segment revenue still declined by 8% year-over-year, the Energy Storage segment revenue grew 113% during the same time. Management noted that they believe its Model Y will again become the best-selling vehicle as they have improved it with the new launch. Tesla, Inc. (NASDAQ:TSLA) is one of the best stocks to buy and hold for 2 years. Nightview Capital stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its Q4 2024 investor letter: 'Artificial intelligence is no longer just a promise—it's becoming the defining force of the modern economy. From self-driving vehicles to humanoid robotics, intelligent systems are not only enhancing efficiency but unlocking entirely new markets. These systems process and learn from vast amounts of real-world data, iterating and improving at a scale no human could achieve. Overall, TSLA ranks 5th on our list of best stocks to buy and hold for 2 years. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-03-2025
- Business
- Yahoo
Is Palantir Technologies Inc. (NASDAQ:PLTR) The Best Stock to Buy and Hold for 2 Years?
We recently published a list of 10 Best Stocks to Buy and Hold For 2 Years. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other best stocks to buy and hold for 2 years. On March 27, CNBC reported that the stocks dipped on Wednesday, led by the technology sector. The S&P 500 dipped around 1.12%, followed by the Dow Jones, which fell by 132.71 points. More notably, the technology-dominated NASDAQ dropped by 2.40% closing at 17,899.01 points. The drop in the stock market was further aggravated by the White House's announcement of new tariffs on auto imports. To talk about the future of technology and artificial intelligence Doug Clinton, Intelligent Alpha founder, joined CNBC for an interview on March 29. He mentioned that it has been more than a month now that the big technology names, especially artificial intelligence companies, are not performing so well. However, despite the recent dip, Clinton maintained his bullish sentiment for the sector. He pointed out that if we zoom out of the current situation and look at the sector from two to three years from today, we will still see AI stocks rally and large capital expenditure bills. Clinton pointed out that if you are a believer in AI trade it is important to remember that the market has had more than two years of absolutely no turbulence. This period of stability started from the end of 2022 to the beginning of 2025. Clinton categorized the current dip as the first real challenge for the AI trade. Referencing history, he pointed to the Dot Com era, when the Dot Com trade faced its first real challenge. The turbulence took 200 days to reach a new NASDAQ high back then. He clarified that this does not mean that the current turbulence will last 6 months, however, if someone believes in the AI trade then they need to be patient through the dip. READ ALSO: and . While talking about the valuations, Clinton highlighted that the question is about the kind of risks an investor wants to take during the trade. He noted that investors can choose to trade during the turbulence by exiting the market at high times, however, the risk is that the AI stocks can rise 20% to 30% in no time, making it difficult for investors to get back in. Clinton pointed out that he is looking at this trade from a two to three years lens. He believes that this will give him enough exposure and will also reduce the risk of missing out on the bigger picture. To compile the list of 10 best stocks to buy and hold for 2 years we sifted through financial media reports. From these sources, we shortlisted stocks with more than 20% sales growth over the past 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey's Q4 2024 database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A software engineer intently typing code into a laptop with multiple screens in an office. Palantir Technologies Inc. (NASDAQ:PLTR) is a United States-based software technology company that specializes in big data analytics and artificial intelligence. The company has developed software platforms that help integrate, analyze, and secure data decision-making for various industries. Some of its key platforms include Palantir Gotham, Palantir Foundry, Palantir Apollo, and more. On March 14, Palantir Technologies Inc. (NASDAQ:PLTR) announced its partnership with R1, which is a leader in revenue cycle management for healthcare. The partnership aims to launch R37, which is an AI lab being developed to revolutionize healthcare financial performance by automating the healthcare reimbursement processes. Moreover, during the fiscal fourth quarter of 2024, Palantir Technologies Inc. (NASDAQ:PLTR) grew its United States revenue by 52% year-over-year to reach $588 million. The growth was driven by the US commercial segment which improved 64% during the same time. Notably, the company closed the quarter with $803 million in US commercial contract value, reflecting a 134% increase year-over-year. It is one of the best stocks to buy and hold for 2 years. ClearBridge Growth Strategy stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q4 2024 investor letter: 'To promote balance, manage risk and augment the portfolio's growth characteristics, we continued to take profits in some of our more established, larger holdings to seed new purchases. We believe that the arms race and value unlock from AI will provide a multiyear tailwind to a number of companies in our coverage. To maintain exposure to this theme, we used some of our profit taking in Broadcom to initiate new positions in AI-levered names AppLovin and Palantir Technologies Inc. (NASDAQ:PLTR). Overall, PLTR ranks 9th on our list of best stocks to buy and hold for 2 years. While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
