Palantir Technologies leads the list of a half dozen companies that could be added to the $26 trillion Nasdaq 100 index at its annual reconstitution due to be announced on Dec. 13Stock Other candidates for inclusion at the reconstitution,

Investors should expect that some selling pressure will come in the form of short-term profit-taking before year-end. However, any weakness in Palantir will certainly be met with additional buyers as long-term investors are likely to be waiting for an opportunity to buy Palantir stock on a dip.

Palantir Technologies ( PLTR 0.47%) has been one of the top-performing stocks this year. The company's strong results led to the stock's inclusion on the S&P 500, and now it has moved to the Nasdaq stock exchange, where it could soon join the even more exclusive Nasdaq 100 index.

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Artificial intelligence (AI) has defined the investment narrative of 2024, and Palantir Technologies Inc. (PLTR) has emerged as a massive beneficiary of this transformative trend thanks to its cutting-edge Artificial Intelligence Platform (AIP),

Today, Palantir has a market cap of $151 billion, which is close to cracking the top 100 largest companies in the world (Palantir currently sits at No. 104). After producing these huge gains, I think there are now better stocks you can invest in.