5 Best High Volume Stocks to Invest In According to Hedge Funds

4. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 89

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best high volume stocks to invest in according to hedge funds. On May 4, Palantir reported earnings for Q1 2026, achieving its highest-ever year-over-year growth rate of 85% with total revenue reaching $1.63 billion. This surge was fueled by the company’s US business, which more than doubled to $1.28 billion. CEO Alex Karp noted that the company’s “Rule of 40” score reached a remarkable 145%, positioning Palantir alongside major AI infrastructure leaders like NVIDIA and Micron.

The company’s financial performance showed strength across both commercial and government sectors. US commercial revenue grew by 133% year-over-year to $595 million, while US government revenue increased by 84% to $687 million. Profitability remained robust, with GAAP net income totaling $871 million and adjusted free cash flow reaching $925 million. During the quarter, Palantir closed over 200 deals worth at least $1 million, contributing to a total contract value of $2.41 billion.

Driven by accelerating momentum in the US market, Palantir Technologies Inc. (NASDAQ:PLTR) raised its full-year 2026 revenue guidance to between $7.650 billion and $7.662 billion. The company also increased its projections for US commercial revenue, now expecting growth of at least 120%, and raised its adjusted free cash flow outlook to a range of $4.2 billion to $4.4 billion. For Q2 2026, the company anticipates revenue between $1.797 billion and $1.801 billion.

Palantir Technologies Inc. (NASDAQ:PLTR) is a software company that develops and deploys data integration and analytics platforms for government agencies, defense organizations, and enterprise clients. Its notable products include Palantir Gotham, Foundry, and Apollo.