- PLTR
- SPCX
- MU
For Immediate Release
Chicago, IL – August 19, 2026 – Today, Zacks Investment Ideas feature highlights Palantir Technologies PLTR, Micron Technology MU and Space Exploration Technologies Corp. SPCX.
Palantir, SpaceX and Micron: Buy, Hold or Sell?
Palantir Technologies, Micron Technology and Space Exploration Technologies Corp. represent three of the most compelling companies in the market today, each sitting at the center of some of the world’s most important investment themes. They also generate unusually wide disagreement among investors, attracting both exuberant bulls and deeply skeptical bears.
Palantir and SpaceX are two of the most richly valued large-cap companies in the market. Both are led by outspoken, contrarian founders, operate businesses that are difficult to fit neatly into traditional frameworks and face few direct competitors at comparable scale. At the same time, both are growing exceptionally fast and are exposed to enormous secular tailwinds across artificial intelligence, space, defense, data infrastructure and government spending.
Micron presents a different, but similarly difficult, valuation question. The company has emerged as one of the most critical beneficiaries of the AI data center buildout, particularly through the explosive demand for advanced memory. That investment case was much easier to make a year ago. Following a nearly 10x increase in the stock, however, determining how much upside remains has become considerably more complicated.
I will break down each company in greater detail below, but the short version is this: Palantir stands out as the most compelling buy, followed by SpaceX, as both continue to show exceptional business momentum and favorable price action. Micron looks more like a hold. The company should continue to perform well, but I believe the memory cycle is much closer to maturity, while capital within the AI boom is likely to migrate toward the next supply-constrained corners of the ecosystem.
Palantir Technologies: The Emerging AI Juggernaut
Palantir Technologies reported earnings a couple of weeks ago, and the results were outstanding. Revenue surged 93% year over year, while earnings jumped 225%, reinforcing the company’s position as one of the fastest-growing large-cap companies.
CEO Alex Karp has also begun drawing a sharper distinction between Palantir and the major AI labs, framing the company’s technology as a sovereign AI solution for corporate America and the government. His argument is that institutions need to capture the benefits of AI without sacrificing control of their data, intellectual property or business models.
