In September’s Sentiment Survey by Seeking Alpha’s Wall Street Breakfast, subscribers were asked to name the most unknown stock in the market poised for outsized returns.
The most popular reply from a total of 400 responses? Palantir (NYSE:PLTR).
Since the poll on Sept. 23, the stock has gone from $37.95 to $60.24, translating into a return of 60% in less than two months.
As one of the high-flying beneficiaries of the artificial intelligence boom, Palantir (PLTR) recently drew praise from Wall Street following an “eye-popping quarter” and crushing estimates due to its AI tools.
Other runners-up in the latest SA Sentiment Survey included Rocket Lab (RKLB), which has soared 100% since the Sept. 23 poll, as well as BWX Technologies (BWXT) and Medical Properties Trust (MPW).