ChatGPT Stock Predictions: 5 Stocks That Have 10X Potential

This article presents an overview of ChatGPT Stock Predictions: 5 Stocks That Have 10X Potential. For a detailed overview of such stocks read our article, ChatGPT Stock Predictions: 10 Stocks That Have 10X Potential.

5. Palantir Technologies Inc (NYSE:PLTR)

Number of Hedge Fund Investors: 44

ChatGPT believes Palantir Technologies Inc’s (NYSE:PLTR) “innovative approach” in data analysis could give it a boost in the future. As of the end of the fourth quarter of 2023, 44 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Palantir Technologies Inc (NYSE:PLTR). The most significant stake in Palantir Technologies Inc (NYSE:PLTR) is owned by D. E. Shaw which had a $356 million stake in Palantir Technologies Inc (NYSE:PLTR).

Carillon Scout Mid Cap Fund stated the following regarding Palantir Technologies Inc. (NYSE:PLTR) in its fourth quarter 2023 investor letter:

“Second was another technology stock, Palantir Technologies Inc. (NYSE:PLTR), which rallied earlier in the quarter before pulling back. Sentiment remains positive on Palantir as it has successfully rolled out a new marketing effort called “boot camps” where customers can demo the company’s new artificial intelligence platform (AIP) product. These events have been popular with potential clients, and in many cases it has been reported that customers can develop an artificial intelligence use case in just a few hours. The stock rallied as some expected this successful marketing effort could translate into faster revenue growth. Palantir also landed the coveted National Health Services account in the UK, long rumored, but the delay in the award had weighed on investor sentiment.”