We recently published a list of 10 Trending AI Stocks to Watch in December. In this article, we are going to take a look at where Palantir Technologies Inc (NYSE:PLTR) stands against other trending AI stocks to watch in December.

It's been an excellent year for stock market investors. The S&P 500 index has delivered an excellent 26% return thus far in 2024, driven by resilient macroeconomic conditions, record corporate earnings, and growing optimism about artificial intelligence's (AI) transformative potential across the economy.

The AI industry is rapidly evolving, with numerous companies leading breakthroughs across various sectors. AI innovations are transforming industries worldwide,

Palantir Technologies is deserving of a higher stock classification following the release of better-than-expected third quarter earnings. See why PLTR stock is a Hold.

Palantir Technologies ( PLTR 1.56%) has been one of the top-performing stocks this year. The company's strong results led to the stock's inclusion on the S&P 500, and now it has moved to the Nasdaq stock exchange, where it could soon join the even more exclusive Nasdaq 100 index.

After Nvidia’s roaring success in recent years it may be time for the wider software sector to “get in on the AI party.” That’s the view of Wedbush analysts, who have become increasingly bullish on software stock Palantir Technologies.

While Nvidia was arguably the hottest AI stock of 2023, Palantir Technologies (NYSE: PLTR) seems to have taken the lead in this year's race. The stock price has exploded, appreciating over 235% over the past year and roughly 900% since January 2023.

Palantir Technologies (NYSE ... With how exciting the artificial intelligence (AI) investing space is right now, it's an excellent hunting ground for finding stocks with massive upside.

Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year,

Both Palantir and Tesla stocks have skyrocketed since Trump won the presidential election. Palantir could be a big winner from new federal priorities in a second Trump term. Tesla could benefit from regulatory changes in the next Trump administration.

Read why the government contracting sector lost three months in a row and find out its outstanding stock in November.