Should You Buy AMD Stock Instead of Palantir Stock?

By Parkev Tatevosian, CFA – Apr 8, 2024 at 6:01AM

NYSE: PLTR

Palantir Technologies

Market Cap

$50B

Today's Change

(0.78%) $0.17

Current Price

$22.70

Price as of April 29, 2024, 2:21 p.m. ET

Palantir might be the better business, but it trades at a more expensive valuation.

Fool.com contributor Parkev Tatevosian compares Palantir (PLTR 0.78%) and AMD (AMD 1.86%) to determine which makes a better investment.

*Stock prices used were the afternoon prices of April 5, 2024. The video was published on April 7, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Palantir Technologies. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.