Top 5 Tech Stocks in Louis Navellier’s Portfolio

4. Palantir Technologies Inc. (NASDAQ:PLTR)

Stock Upside Potential: 36.83%

Navellier & Associates Equity Stake: $12.70 Million

Number of Hedge Fund Holders: 89

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the top tech stocks in Louis Navellier’s portfolio. On May 6, Palantir Technologies Inc. (NASDAQ:PLTR) confirmed its intention to participate in the US Army’s Right to Integrate Hackathon to accelerate and scale interoperability across the Army and the Department of War.

The Hackathon series of events provides a framework for integrating military technology systems. The ultimate goal is to ensure proper integration of offensive and defensive weapon systems to enhance data sharing and communication. Palantir Technologies intends to implement its platform capabilities to support interoperability efforts across the Department of Defense.

In addition, the Palantir Platform features over 210 out-of-the-box connectors to third-party systems. The platform supports dozens of common protocols for data sharing and enables data ingestion and export. Consequently, the company is well-suited to enable interoperability with any system. It also continues to innovate and experiment with emergent connection paradigms to ensure integration with legacy systems.

Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms that enable government, defense, and commercial organizations to integrate fragmented data, analytics, and AI into a single operating system for real-time decision-making. The company helps clients analyze massive datasets for intelligence, manufacturing, and AI-driven operations.