Long-Term Stock Portfolio: 15 Best Stocks for 20 Years

5. Palantir Technologies Inc. (NASDAQ:PLTR)

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best stocks for 20 years. On February 12, Palantir announced that the Defense Information Systems Agency authorized the Palantir Federal Cloud Service/PFCS Forward. This milestone extends Palantir’s existing Impact Level 5 and Impact Level 6 Provisional Authorizations to include on-premises and edge deployments. The tech stack (encompassing platforms like Gotham, Foundry, and AIP) can now be deployed across diverse environments, from large-scale enterprise data centers to tactical mobile units, using hardware of the customer’s choice.

The new ‘authorize once, use many’ model provides a repeatable accreditation package that adapts to any required architecture. This hardware-agnostic approach allows US Government customers to reduce the time required to achieve an Authorization to Operate. By eliminating the need for site-specific documentation and assessments for software security controls, the program enables the rapid deployment of mission-critical workloads in unpredictable or remote environments.

The authorization aligns with the Department of War’s focus on streamlining software acquisition and using commercial solutions for national security. Akash Jain, President and CTO of Palantir USG, noted that the flexibility provided by PFCS Forward is essential for the resilience and survivability of modern warfighting capabilities.

Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the US, the UK, and internationally.