Jim Cramer on Palantir Technologies

Recently, Jim Cramer discussed Palantir Technologies Inc. (NASDAQ:PLTR) during his show. The topic came up after co-host Carl Quintanilla pointed out some notable movements in the stock’s price.

“I’m not worried. I’ve been talking to some people about defense and aerospace lately. They’re a major player in those sectors. I think it’s the right call to keep an eye on Palantir. The issues they’re addressing are evident. Honestly, I can’t dismiss everything Karp claims about growth and profitability. It wouldn’t be fair to say he’s wrong. Do you want to invest in that? I believe Palantir is a solid company. People who use their services often express gratitude. I’ve seen a massive transformation within my own company, and before diving in at age 50, I consulted several CEOs who had hired them, and they mentioned still being in the red financially.”

“Palantir, particularly in defense, is poised to make waves in our country. What they do is impressive. Alex has his opinions on the show—he’s a personality, but I focus on the numbers. And the numbers? They aren’t just fluff; they’re substantial.”

While Palantir shows promise as an investment, some might find other AI stocks could offer better potential returns with less risk. If you’re interested in affordable AI stocks that stand to benefit from certain economic policies, there’s a report available that could be of interest.