This stock has the potential to become an impressive pick in the long run.

Palantir Technologies ( PLTR -1.05% ) has been one of Wall Street's hottest stocks, with share price gains of nearly 2,400% in the past three years. The company transformed itself from a defense-focused data analytics and mining player to an enterprise artificial intelligence (AI) giant catering to several government and commercial clients.

Palantir now has a market capitalization of roughly $435 billion and trades at a staggering 134 times sales . While these numbers highlight Wall Street's optimism about Palantir's future, they also leave little room for error.

On the other hand, customer relationship management (CRM) pioneer Salesforce ( CRM 1.32% ) is being largely ignored by many investo

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