Ramish Cheema
2 min read
In This Article:
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Jim Cramer Warns Viewers About FOMO & Discusses These 19 Stocks.
Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics company that has become one of the fastest-growing firms on the stock market. The firm’s shares have benefited particularly due to the Trump administration’s efficiency drive and its government contracts. Palantir Technologies Inc. (NASDAQ:PLTR)’s shares have gained 74% year-to-date due to strong earnings reports and popularity among retail investors. Here are Cramer’s remarks about the firm:
“There’s a company I know. I think it has an algorithm that spits out what would move a stock. Because I can’t believe this Palantir. Today, nuclear operating system and OS will achieve on-time, on-budget nuclear construction, Palantir. That’s what they’re doing. That’s how they’re gonna be doing it.
A software engineer manipulating a vast network of code on virtual monitors.
Previously, Cramer mentioned how he’s been one of Palantir Technologies Inc. (NASDAQ:PLTR)’s biggest fans:
“And by the way, Palantir. A guy asked me, why aren’t I more bullish on Palantir? I said when it was at 50 I said it was going to a 100. When I said it was a hundred, I said it was going to 200. I can’t raise it yet! Can it go to 200? First they had them on this morning, I mean you know different guy, they didn’t have Karp on. This guy didn’t curse. It was great because it would have been double curse if we had Karp and the President.”
While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
