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

In short, history says Palantir shareholders could see upside between 11% and 17% during the year after the company is added to the Nasdaq-100. Of course, that's hypothetical at this point because Palantir hasn' yet been selected to join the index.

Palantir Technologies (PLTR) is an artificial intelligence (AI)-powered tech stock that has captured Wall Street's imagination in 2024. With a market cap of nearly $150 billion, Palantir stock has returned 280% to shareholders year-to-date.

Palantir Technologies (NYSE: PLTR) shares were soaring today even as tech stocks tumbled broadly on fears that interest rates would remain elevated. The artificial intelligence (AI)-focused data analytics company said it would switch from the New York Stock Exchange to the Nasdaq,