Jim Cramer on Palantir CEO: "Karp's a Fighter"

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks on Jim Cramer’s recent game plan. Cramer noted that he expects a really good result from the company, as he said:

After the close, a company that once had an electric stock, Palantir Technologies, the software consulting company run by Alex Karp, is going to report. Now, look, I am expecting a terrific quarter here. I am not concerned about the action. I think the stock is going to reignite. Karp’s a fighter. He can come back from this. Anyway, it’s up really big… if you look two years.

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. A caller asked about Cramer’s thoughts on the stock during the January 29 episode, and he responded:

Yes, I like Palantir. Now, Palantir’s trading right now with the cohort that is ServiceNow and Salesforce. By the way, those are great companies. But I think that right, look, everything I hear when you hire them, business does better. And that’s why I liked it, not momentum. So I can’t back away from it right here. If anything, I would say a great opportunity to buy Palantir, and it’s not like I talked to Dr. Alex Karp.

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Disclosure: None. This article is originally published at Insider Monkey.