Palantir (NASDAQ:PLTR) stock has been the software high-flyer of 2024. As we transition into a new year, investors may wish to set their sights on other names that can leverage artificial intelligence (AI) in ways that could help propel quarterly earnings results above and beyond expectations as they exist today.

With its stock up 2,500% in the past five years, it's perhaps not surprising that investors are looking for the next Nvidia (NASDAQ: NVDA). The overwhelming response was Palantir (NASDAQ: PLTR). With that said,

Palantir Technologies Inc. PLTR stock has tripled in a year. Shares have gained a whopping 313% year to date, significantly outperforming the broader technology service industry’s 57.4% return and the Zacks S&P 500 composite’s 27.

Two main catalysts are driving Palantir's stock higher. First, it expects its revenue to rise 26% in 2024. It attributes that reacceleration to the robust growth of its U.S. commercial business, new government contracts, and the rollout of new generative artificial intelligence ( AI) services for streamlining its data mining services.

Two of the top-performing tech stocks of 2024 were Palantir (NASDAQ: PLTR) and Nvidia (NASDAQ: NVDA). In terms of stock performance, Palantir was the clear winner in 2024, with it