Jim Cramer on Palantir: “I Believe There’ll Be Many More Pentagon Contracts Coming”

“Now, I’d stress going aft the ones that are already winning for this year. How astir this one? I’m reasoning of the banal of Palantir. Even erstwhile it’s already up truthful much, it makes a batch of money. It’s not a flier. It conscionable got into the US Navy with a terrific declaration helping to physique submarines much efficiently… and overmuch little expensively. I judge there’ll beryllium galore much Pentagon contracts coming, deliberation aboveground ships, combatant planes… weapons, munitions. It wouldn’t astonishment maine if the full arsenal of state goes to Palantir. It’s precisely the benignant of banal that works successful this market, the eventual precocious flier that’s up huge, that you tin bargain it close present if you’re a wealth manager and amusement your investors that you, too, ain Palantir.”

Stock marketplace information showing an upward trajectory. Photo by Burak The Weekender connected Pexels

Palantir Technologies Inc. (NASDAQ:PLTR) develops information analytics and AI bundle platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that assistance organizations integrate, analyze, and enactment connected analyzable data.

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