We have recently showcased 16 Stocks Jim Cramer Discussed in an Episode Where He Stated OpenAI Could Outpace All Major Tech Firms. Among those stocks is Palantir Technologies Inc. (NASDAQ:PLTR), which was covered by Cramer recently.
Palantir Technologies Inc. (NASDAQ:PLTR) frequently comes up in Cramer’s discussions. He has consistently noted that he was among the first to foresee the stock exceeding the $100 mark. In a recent episode, Cramer referred to a Reuters article suggesting that Palantir Technologies Inc. (NASDAQ:PLTR) faced vulnerabilities in its army software. The company refuted this claim, and Cramer talked about how the stock price responded to the news:
“It’s ready to burst right through. I appreciate how the stock responded to the Reuters report claiming there was a significant breach related to the army software. Then, Karp quickly countered that assertion, stating that the issue was resolved. This prompted buyers to return with vigor, moving the stock up 5 points. The Palantirians are more outspoken than the NVIDIA fans.”
Here’s what Cramer has said previously regarding Palantir Technologies Inc. (NASDAQ:PLTR):
“I was curious as to why Palantir was down today. I had previously mentioned that when it hits 50, it might reach 100, then 150, and eventually 200. This company is doing significant business.”
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Disclosure: None. This article is originally published at Insider Monkey.
