Jim Cramer Just Gave Palantir Stock a Boost

InvestorPlace2023-07-11

TV analyst Jim Cramer endorsed Palantir (PLTR) stock.Palantir is a military contractor whose co-founder says it “allows you to win.”Palantir is now entering commercial markets through cloud providers....

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Comments

Daytraderz
2023-07-12
Daytraderz
Bye bye im shorting pltr now
Daytraderz
2023-07-12
Daytraderz
Thanks to cramer now pltr will free fall
Little tiger
2023-07-11
Little tiger
Pltr 20
Heron96
2023-07-11
Heron96
Selling them now [LOL]
blankTOGA
2023-07-11
blankTOGA
RIP $Palantir Technologies Inc.(PLTR)$
james1024
2023-07-11
james1024
sell fast

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It reported revenue of $1.9 billion last year. The shares are up 161% in 2023, with nearly all that gain coming in the last two months from artificial intelligence (AI) hype.Cramer called the stock a “buy” on his “lightning round” segment.War GamesPalantir isn’t selling the kind of generative AI that draws pictures or tells stories. It’s selling a proprietary database product that can analyze military data. In the words of co-founder Peter Thiel, it “allows you to win.”Palantir’s success story is Ukraine. The company’s software is helping drive that country’s offensive against Russia. It is allowing Ukraine to efficiently retake territory against entrenched Russian defenses with minimal casualties.Its work there has brought a renewal of U.S. military contracts at higher prices than before. While software prices usually decline as usage accelerates, Palantir’s prices are rising.This is not yet showing up in analyst estimates. 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[LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196809802981408","repostId":1116649483,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":196808186966160,"gmtCreate":1689084777482,"gmtModify":1689084780324,"author":{"id":"3581546258382405","authorId":"3581546258382405","name":"blankTOGA","avatar":"https://static.tigerbbs.com/3720d0317a789b5effd49ac6ec4eb5fa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581546258382405","authorIdStr":"3581546258382405"},"htmlText":"RIP&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>","listText":"RIP&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>","text":"RIP $Palantir Technologies Inc.(PLTR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196808186966160","repostId":1116649483,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":196806259826936,"gmtCreate":1689084333768,"gmtModify":1689084812310,"author":{"id":"4108982662274250","authorId":"4108982662274250","name":"james1024","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4108982662274250","authorIdStr":"4108982662274250"},"htmlText":"sell fast","listText":"sell fast","text":"sell 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