Palantir Technologies Inc. (NASDAQ:PLTR) is among the stocks in focus, as Jim Cramer analyzed the broader market impact of the recent AI data center rally. When a caller asked about the stock during the episode, Cramer said:
Well, you know, Palantir right now, I have to tell you, here’s what’s going on with Palantir… It was a very hot stock. It was, it’s a great company, first of all, I mean, a great company, and… Sometimes, stocks just get overheated, and sellers come out. Palantir is basically building a new base because boy, their business is strong. I’m relying on the customers. The customers love them, and therefore, I think they’ve got a great product, and therefore, I think they’ll have a great 2026 and 2027.
Photo by Yiorgos Ntrahas on Unsplash
Palantir Technologies Inc. (NASDAQ:PLTR) develops data analytics and AI software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that help organizations integrate, analyze, and act on complex data. During the February 26 episode, a caller asked Cramer whether they should buy, sell, or hold the stock, and he responded:
Oh, look, I like Palantir, but Palantir is a very long-term hold. It’s way ahead of itself. It got way ahead of itself, then it’s pulled back down. But they have a great business model. They have really smart people. The clients I know who like them, just, they can’t say enough good things. So I’m going to tell you to hold Palantir.
While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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