Published on 7 Oct 2024 on Insider Monkey · via Yahoo Finance
Is Palantir Technologies Inc. (PLTR) the Next AI Leader? Hedge Fund Investment...
We recently published a list of Renaissance Technologies Portfolio: 10 Best Stocks To Buy. In this article, we are going to take a look at where Palantir Technologies Inc. (NYSE:PLTR) stands against the other best stocks to buy which are part of the Renaissance Technologies portfolio.
Renaissance Technologies is an American hedge fund that specializes in systematic trading and employs statistical and mathematical tools to drive its investment programs. As of March 2024, the fund managed discretionary assets over $89 billion, according to their Form ADV. It was founded in 1982 by Jim Simons, a mathematician who worked as a code breaker for the US National Security Agency during the Cold War.