We recently compiled a list of the 12 Best Big Data Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against the other big data stocks.

Palantir Technologies Inc. (NASDAQ:PLTR) disclosed that it has received FedRAMP High Authorization for its Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service – Supporting Services (PFCS-SS).

Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 6.2% in the morning session after the company announced that it has been granted FedRAMP High Authorization for Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service - Supporting Services (PFCS-SS).

Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Key Takeaways Palantir shares jumped Tuesday after the analytics software provider announced that its entire product suite has received approval for use in processing sensitive federal workloads, positioning the firm to provide an array of services to government entities.

Palantir Technologies Inc. (NASDAQ:PLTR) has already climbed more than 300% this year, with recent developments highlighting how the stock is showing no signs of slowing down. From advances in AI technology to its September inclusion in the S&P 500,

The software company also leads the list of stocks that could be added to the Nasdaq 100 at the end of December.