Jim Cramer Sticks By His Prediction of Palantir Stock "Going to $200"

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 14 stocks Jim Cramer recently looked at. During the episode, Cramer mentioned the company and commented:

“We see Palantir, of course, the software company that brings costs down the moment you speak to them, is back on a roll after Friday’s rare decline, levitating 4%. When Palantir was at $50, I said it was going to a $100. When it hit $100, I said it’s going to $200. I’m sticking by my prediction… Unlike most of the people around here, the older people I talk to, I pass no judgment about these people. You know why? Because they are buying very good companies… These are top-notch businesses that might have gigantic earnings power someday.”

Palantir (NASDAQ:PLTR) develops software platforms like Gotham, Foundry, Apollo, and its AI Platform to help organizations integrate, analyze, and act on complex data. The company supports missions ranging from counterterrorism to enterprise operations and AI deployment.

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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Disclosure: None.