13 Most Buzzing Stocks to Invest in Right Now

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6. Palantir Technologies Inc. (NASDAQ:PLTR)

Volume: 59.832 million

Average Volume (3-Month): 73.009 million

Number of Hedge Fund Holders: 77

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the most buzzing stocks to invest in right now. Goldman Sachs lifted the firm’s price target on Palantir Technologies Inc. (NASDAQ:PLTR) to $141 from $90 on August 5, maintaining a ‘Neutral’ rating on the shares.

In other news, Palantir Technologies Inc. (NASDAQ:PLTR) announced on August 12 a multi-year expansion of its partnership with SOMPO Holdings, Inc. through its Japanese joint venture Palantir Technologies Japan KK.

SOMPO employs Palantir Technologies Inc.’s (NASDAQ:PLTR) Foundry across a number of its subsidiaries with thousands of daily users.

SOMPO has been utilizing Foundry across care facilities in Japan since 2020, primarily to raise urgent patient needs, report care to the government, and support the care of senior citizens.

Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms that serve as central operating systems for customers. The company focuses on augmenting human intelligence and developing products for human-driven real-world data analysis.

Its commercial segment manages customers in non-government industries, while the government sector includes customers from the United States government and non-United States government agencies.

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