Palantir Technologies Inc. (PLTR) has been added to the US 1 List at Bank of America (BofA) and has shown significant stock performance recently. The stock has surged 22% since being added to the S&P 500 less than two weeks ago. Palantir closed above $36 for the second time in a row since 2021, with its highest close being $39 on January 27, 2021. The company has become GAAP profitable, is growing at a rate of 27%, and will be officially included in the S&P 500 on Friday. Currently, Palantir trades 54% above its 200-day simple moving average (SMA), the highest since February. Palantir reached $37 overnight.