Palantir has a massive growth runway due to its small customer base, but is it big enough?
Finding the next stock that could make you a millionaire is obviously a draw for many people. However, it’s rare to find a company that actually has the potential to grow as large as it needs to become to allow you to become a millionaire from one investment.
To turn $50,000 into $1 million, the stock would need to rise by 20 times. That’s a tall order, a feat that few companies ever accomplish. One stock that some have pointed out with this potential is Palantir (PLTR -0.21%), as its artificial intelligence (AI) software could become widespread. So, could a $50,000 investment in Palantir make you a millionaire?
Palantir’s AI platform is gaining popularity
Part of Palantir’s draw is its dual customer structure. Originally, Palantir only created software for government use. This lucrative market…
