Palantir and SoundHound AI are hyper-growth stocks worth betting on.

While valuation matters, for stocks to outperform over the long term, they need growth. Companies that are able to consistently grow their revenue at a brisk pace tend to go on to become some of the largest in the world.

With this in mind, let's look at two hyper- growth stocks to buy right now.

Palantir Technologies

Palantir Technologies ( PLTR 3.08% ) has seen its revenue growth accelerate in each of the past eight quarters. That's a remarkable feat.

In Q2, its revenue jumped 48% to $1 billion, with U.S. commercial sales nearly doubling and government revenue up 53%. Palantir is adding new customers at a furious pace, while existing customers are spending a lot more, with net dollar retention hitting 128

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