Technology stocks have been on a tear over the past year, and Palantir Technologies (NASDAQ: PLTR) and Reddit (NYSE: RDDT) are two of the biggest winners. Despite recent volatility, both stocks remain hot contenders for growth-focused investors.
📈 Staggering Gains Over the Past Year
- Palantir’s Rally: The AI-powered data analytics company has seen its shares skyrocket by over 250% in the past 12 months, fueled by surging government contracts and rising commercial adoption of its AI platforms.
- Reddit’s Surge: Since hitting a 52-week low of $37.35 last April, Reddit’s stock has exploded to a jaw-dropping $230.41 in February, boosted by advertising growth and rising user monetization.
🌪️ Recent Volatility Creates Buying Opportunity
Recent stock market turbulence, spurred by U.S. economic uncertainty and Donald Trump’s tariffs, has driven down the prices of both Palantir and Reddit, creating a potential buying window.
- Palantir: The stock has dipped from its recent highs, making it an attractive entry point for long-term growth investors.
- Reddit: The social media giant’s stock has also pulled back, offering a chance to capitalize on its momentum at a lower valuation.
🔥 Growth Catalysts for Both Companies
- Palantir: The company continues to expand its government and commercial partnerships, leveraging its AI capabilities to drive recurring revenue growth.
- Reddit: With rising ad revenue and potential expansion into subscription services, Reddit is becoming a major player in the digital advertising space.
💡 Key Takeaway: Two Hot Tech Stocks With More Room to Run
Both Palantir and Reddit have delivered triple-digit gains, but their recent price dips could offer savvy investors a chance to buy into future growth at a discount. With strong fundamentals and expanding market potential, these two tech giants remain compelling long-term bets despite short-term volatility.
Follow Us
