We recently published a list of 15 best shares to buy according to Jim Simons Renaissance technologies In this article, we will take a look at where to pillage Technologies Inc. (NASDAQ: PLTR) It is against other better shares to buy according to the Renaissance technologies of Jim Simons.
Even after its passage in 2024, the investor and mathematician billionaire Jim Simons is still known as the “King How much” in coverage funds due to the extraordinary success of Renaissance technologiesYour quantitative negotiation company based in New York. After years of financial industry research, Simons realized the potential without exploiting quantitative analyzes to take advantage of market inefficiencies. This vision led him to develop an investment strategy based on data to analyze market behavior only through statistical and mathematical models. By identifying the subtle patterns and not random in financial data, the genius as much predicted future movements of the actions and generated impressive returns.
Although closed to external investors, the secret fund of the medallion of Jim Simons, a Renaissance flagship, has produced innovative results since its inception. The Medallion Fund gained impressive returns of 56.6% and 74.6% during the first Dot-Compe accident in the early 2000’s and the world financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $ 31.4 billion, placing it among the richest individuals in the world, thanks to the strong performance of the Market Market Medallion and Renaissance.
The Renaissance Technologies computer based power plant began to begin after stellar realization in 2024. The Renaissance diversified Alpha Fund 11.85% in the first two months of 2025. Both funds can maintain important positions of individual stock, as well as use future actions index and options to help manage the risk. However, the firm warns that it may be difficult to quickly undo these important stakes without affecting market prices.
For this list, we have chosen actions of the Renaissance Technologies 13f portfolio in the late quarter of 2024. These actions are also popular with elite coverage funds.
Why are we interested in the stocks that cover the funds? The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 stocks of small layers and large layers each quarter and has returned 373.4% since May 2014, surpassing its reference point at 218 percentage points (Check out more details here)).
Palantir Technologies Inc. (Pltr) Is the best stock to buy according to Jim Simons Renaissance technologies?
A software engineer who manipulates a wide network of code in virtual monitors.
Renaissance Q4 Technologies Participation: $ 1.72 million
Number of coverage fund holders: 64
Palantir Technologies Inc. (NASDAQ: PLTR) is a data software and analytical company that develops platforms for large corporations, financial institutions and government organizations to analyze massive amounts of data. Its governing sector serves the customers of the United States Government and non-American government agencies, while the commercial segment oversees clients from various non-governmental industries.
On May 6, Cantor Fitzgerald increased its price goal to Palantir Technologies Inc. (NASDAQ: Pltr) 98 to $ 110 with a neutral rating in shares. This change follows the benefits of the first quarter of Palantir 2025, which exceeded the visible alpha consensus by 2.5%. The company attributed this improvement to strong results in the United States commercial sector, where revenue exceeded 10% projections, and the general government revenue, which were 5% higher than expected. However, Cantor Fitzgerald noticed that the degree of passing income was less compared to the previous quarter, despite the positive aspects of the report. Due to the persistent challenges in Europe, international revenue, especially among the commercial sectors abroad, fell 16% of the projections.
The U.S. growth strategy indicated the following with regard to Palantir Technologies Inc. (NASDAQ: PLTR) In its first quarter 2025 Investor letter:
“From the front lines of Warzones to Fortune 500 enterprises, Palantir Technologies Inc. (NASDAQ: PLTR) Creates software to address high -level action items, respond to defense and safety concerns and improve organizational efficiency. The company offers various software products from the analysis and cure of data (Palantir Gotham and Foundry) to a cloud -based operations software (APOLLO). The company increased popularity, in part, due to several government contracts (~ 55% of revenue) arising from recent and continuous world conflicts. In addition to creating AI Defense Defense solutions for governments around the world, commercial clients (~ 45% of income) have come to the company’s security and data analysis solutions to supervise and analyze business data and protect sensitive information. The increase in actions in the quarter was due to a strong report of results that exceeded street expectations, as well as the excitement of investors in terms of the company’s ability to further monetize their Ai product to its growing customer base. “”
Generally, Pltr Ranks 1st In our list of best shares to buy according to Renaissance technologies by Jim Simons. Although we recognize the potential of Platr as an investment, our conviction lies in the belief that some AI actions have a greater promise to obtain higher returns and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of IA most promising than PLTR, but sells less than five times, see our report on this Ia stock cheap.