21 Stocks on Jim Cramer’s Radar

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2. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64

Cramer noted that Palantir Technologies Inc. (NASDAQ:PLTR) stock is driven up every day by retail buyers, as he stated:

“The ultimate meme stock for the moment is this company called Palantir, which reports. It’s a cybersecurity company. Now this one’s moved up by persistent retail buying that starts around 4:00 AM every day when they literally walk it up a couple of points before the bell and then continue to keep it at that level until the close.

It’s possible the story’s not as big as the hype or the hope, but we know that Palantir’s got a constituency of retail buyers that just won’t quit. I don’t know if they’ll quit when they see the number.”

Palantir Technologies Inc. (NASDAQ:PLTR) builds software that helps organizations process and understand large volumes of data to support critical decisions, using platforms like Gotham, Foundry, Apollo, and its advanced AI system. Yesterday, the company reported a 39% increase in revenue for the first quarter of 2025. Adjusted EPS reported was $0.13, and adjusted income from operations reached $391 million, which shows a margin of 44%.

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