Prediction: Palantir Could Surge If Government AI Spending Explodes

By Rick Orford – Mar 16, 2026 at 10:00AM ESTPalantir (PLTR +0.82%) just secured a $1 billion government contract that could accelerate its leadership in defense-linked artificial intelligence. Investors are excited about its surging growth and expanding AI platform, but the company's extreme valuation creates a fascinating tension between opportunity and risk that few tech stocks face today. Stock prices used were the market prices of March 9, 2026. The video was published on March 14, 2026. Read NextMar 15, 2026 •By Keithen DruryBest Artificial Intelligence (AI) Stock to Buy Now: Nvidia vs. PalantirMar 15, 2026 •By Adria CiminoMy Top 5 AI Stocks to Buy Amid the Market PullbackMar 14, 2026 •By Harsh ChauhanThe Only 2 Artificial Intelligence (AI) Stocks You Need to Hold Through 2035Mar 14, 2026 •By Geoffrey SeilerShould You Forget Palantir and Buy These 2 Tech Stocks Instead?Mar 13, 2026 •By Adam Spatacco3 AI Stocks Caught in the Crossfire of the Iran War, and What Smart Investors Should Do in 2026Mar 13, 2026 •By Adria CiminoPalantir Stock Isn't Cheap, But It Might Still Be a BargainAbout the AuthorRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tirelessly to deliver content in an easy-to-understand manner. In 2018, Rick wrote The Financially Independent Millennial to inspire his readers with his story about becoming financially independent at age 35 despite not learning about money when he was younger. His books are easy to read and often refer to key points that “He would tell his younger self.” When not thinking about business, Rick writes (mainly about cruise ship travel) for his travel blog and is an enthusiast of fast cars, technology, & cooking.CMFrickorfordStocks MentionedPalantir TechnologiesNASDAQ: PLTR$152.25(+0.86%)+$1.30*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.