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American Focus > Blog > Economy > “Even If They Don’t Believe in Me”
Economy

“Even If They Don’t Believe in Me”

Last updated: April 10, 2025 7:03 pm
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“Even If They Don’t Believe in Me”
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Palantir Technologies Inc. (NYSE:PLTR) has been a hot topic of discussion lately, especially after Jim Cramer’s recent appearance on CNBC’s Squawk on the Street. Cramer, known for his bold predictions and insights into the stock market, has raised concerns about the current market turmoil and the potential implications for investors.

In his segment, Cramer highlighted the impact of the White House’s policies on corporate earnings and valuations. With Peter Navarro’s anti-China agenda taking center stage, Cramer warned that markets may not have fully priced in the consequences. He even went as far as to predict a potential 36% drop in the S&P 500 index, emphasizing the need for caution in the current economic climate.

Despite the grim outlook, Cramer remains bullish on certain stocks, including Palantir Technologies Inc. (NYSE:PLTR). With 64 hedge fund holders backing the company, Palantir is positioned as a strong contender in the market. Cramer expressed confidence in the company’s potential, particularly in light of its government and commercial clientele.

When asked about Palantir’s stock and whether it was worth buying, Cramer didn’t hesitate to show his support. He believes in Palantir’s ability to navigate the current challenges and even hinted at a possible price target of $40. His unwavering faith in the company’s prospects underscores his bullish stance on the stock.

Overall, Palantir Technologies Inc. (NYSE:PLTR) holds the 6th position on the list of stocks discussed by Jim Cramer. With its strong fundamentals and promising future prospects, Palantir continues to attract attention from investors and analysts alike. As the market continues to navigate uncertainty, keeping an eye on Palantir’s performance could offer valuable insights for investors looking to capitalize on potential opportunities in the market. When considering potential investments in the AI sector, it is important to look beyond popular stocks like PLTR and explore other options that may offer greater returns in a shorter period of time. One AI stock that has shown significant growth since the beginning of 2025, while many popular AI stocks have experienced losses of around 25%, is worth considering.

See also  Brazil's WEG reports second-quarter earnings miss amid geopolitical uncertainty, shares fall

If you are seeking an AI stock that shows promise and trades at less than 5 times its earnings, you may want to take a closer look at our report on the cheapest AI stock available. This particular stock is currently on a steep discount, making it an attractive option for investors looking to capitalize on the potential of AI technology.

For more information on the best AI stocks to buy now, be sure to check out our list of the top 20 AI stocks recommended by analysts. Additionally, if you are interested in exploring investment opportunities endorsed by billionaires, our list of the 30 best stocks to invest in according to billionaires may provide valuable insights.

Please note that the information provided in this article is for informational purposes only and does not constitute financial advice. It is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.

Disclosure: None. This article was originally published on Insider Monkey.

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