If You Missed Palantir in 2023, These 4 Stocks Are Spring-Loaded | BWB - Business With Brian

The Gist

Palantir turned a $10,000 investment into $310,000 during its 2023 surge, and four other heavily coiled growth stocks, Amazon, Broadcom, Sandisk, and Applied Digital, are positioned for similar explosive breakouts despite recurring market pullbacks.

Quick Overview

Amazon, Broadcom, Sandisk, and Applied Digital represent the top coiled spring stocks for investors who missed Palantir's massive run, driven by explosive cloud demand, locked-in multi-billion dollar enterprise orders, and rapidly scaling infrastructure. While short-term market volatility and high capital expenditures create temporary headwinds, their fundamental business metrics indicate massive upside potential as their respective catalysts take effect.

Key Points: Amazon Web Services grew 37 percent in a single year to reach roughly $42 billion per quarter, driven by unprecedented AI infrastructure demand. Broadcom secured approximately $179 billion in orders that customers cannot cancel, representing more than a year and a half of total company sales. Sandisk saw its sales climb 175 percent last year to roughly $20 billion, with Wall Street expecting revenue to more than double this fiscal year. Applied Digital has signed roughly $36 billion in multi-year leases for its high-powered AI data centers, primarily across campuses in North Dakota. Amazon is spending about $220 billion this year heavily focused on data center construction to support surging artificial intelligence workloads. Broadcom's AI chip sales surged 220 percent in a year to nearly $17 billion in a single quarter, fueled by major long-term custom silicon contracts. Major institutional funds own 32 shares of Amazon, 15 shares of Broadcom, 5 shares of Sandisk, and 2 shares of Applied Digital as they navigate market fluctuations. Palantir experienced five separate drops of 25 percent or more during its explosive growth phase, proving that patient dollar-cost averaging through corrections is essential.

Context: Investors tracking high-growth artificial intelligence opportunities often look for coiled spring stocks, where strong underlying business fundamentals are temporarily suppressed by market pullbacks or high capital expenditures. Following Palantir's monumental run from 2023 onward, market analyst Tom Lee and experienced corporate veterans highlight specific large-cap and speculative infrastructure plays that match this exact asymmetric risk-reward profile.