Outperforming fund manager says this software stock is set to be a 'serious player' in a corner of AI, gives it nearly 60% upside

Brian Stutland of Equity Armor Investments says this stock is 'starting to become very creative in the AI world.'

One stock is a "promising AI investment" and set to be a "serious player" in a corner of the space, according to Brian Stutland of Equity Armor Investments. That's Palantir , known for its government contract work in defense and intelligence. "They're doing more than just their cybersecurity for the government.

uses artificial intelligence to provide targeting information for missiles. Palantir generates the bulk of its revenue through government contracts. Its government segment makes up nearly 56% of total sales. The rest of its sales are commercial. "They're going to be in play and they're going to be a serious player in this area," he said of the firm's efforts in producing AI applications for military and defense.

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