One of the country's largest pension funds has taken a stake in the artificial intelligence (AI) and data mining specialist.

We recently compiled a list of the 10 Best Performing S&P 500 Stocks So Far in 2025. In this article, we are going to take a look at where Palantir Technologies Inc.

Palantir Technologies (NASDAQ: PLTR) is probably the hottest stock on Wall Street. First things first, Palantir shares have been on an incredible ride. Indeed, one year ago, I argued that "Palantir is a great company and a solid investment,

Maybe you've been letting extra cash accumulate in an online savings account that's paid a decent interest rate. Or you stashed an end-of-year bonus to buy some stock when the market pulls back. The S&P 500 surged higher by more than 20% for two consecutive years now,

Move aside Apple, Microsoft, Alphabet and Tesla. There's a new group of Magnificent Seven stocks in the S&P 500.

The artificial intelligence narrative has dominated Wall Street over the past two years, and for good reason. According to a report from Statista, the AI market is forecast to expand at a compounded annual growth rate of 27.

Investors generally love stock splits, and Palantir has developed a reputation for being especially friendly to individual investors. The stock has enjoyed a vocal following that has only grown louder as the share price has risen.