Jim Cramer Discusses These 12 Stocks & Says Late Selloffs Are Deliberate

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1. 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 frequently discussed and favorite stocks. It’s nearly a regular appearance on his show and has generated mostly positive sentiment from the TV show host.  Cramer believes that Palantir Technologies Inc. (NASDAQ:PLTR) can play a key role in Elon Musk’s efforts to reduce government waste through DOGE. He is also a fan of the firm’s CEO Alex Karp, but has pointed out that Palantir Technologies Inc. (NASDAQ:PLTR)’s international business isn’t doing so well. Here are his latest comments:

“I want Karp in there. I want him to stop the book tour. I want him to stop using the f-word in conference calls.”

“I’m ready for him. I’m from Philly. Mr. Tough Guy. Mr. Being Able To Use A Gun And Shoot. Look, you know what, if you can shoot a gun at two hundred and seventy yards, look why do I wanna do that.”

“I mean Karp can shoot anything from two hundred and eight yards, do I care?”

“I think that maybe this idea about DOGE, where they’re going to go and Palantir, it matters. I think that Palantir got so hot it had that parabolic move and then it had the endless book tour. And people kind of wanted Alex to get back to. They actually have a lot of people more than Alex, I’m not kidding, I happen to like a lot of people there. And their work on the Defense Department and being able to dismantle the military industrial complex, would make Eisenhower really proud. So they’re a very real company and I think if they got the chance to be able to undo the military industrial complex it’d be great for our country.”

PLTR is a stock Jim Cramer recently discussed. 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 doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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