Jim Cramer Discusses These 11 Stocks & Says Trump’s In “Accelerated Computing” Tariff Mode

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3. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders In Q4 2024: 64

Palantir Technologies Inc. (NASDAQ:PLTR) is one of Cramer’s most commonly discussed stocks. The firm provides data analytics products and services. Over the past twelve months, it has garnered attention due to its ability to help businesses transform via AI and through its role as a defense contractor. Cramer believes that Palantir Technologies Inc. (NASDAQ:PLTR) can help the Pentagon reduce costs. The firm’s shares slipped by 32% in late February as investors wondered whether it might end up being a target of cost-cutting instead. Palantir Technologies Inc. (NASDAQ:PLTR)’s recent share price performance left Cramer flummoxed as he commented on the firm in the broader context of other stocks and wondered what was driving the shares:

“Yeah, all [PLTR, other stocks] back. And whether it’s Bitcoin. Is it Bitcoin, is it the GE Vernova piece out today, is there a quantum, Amazon piece?”

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