How Did These 10 Predictions By Jim Cramer Turn Out?

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1. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64

A caller in that older episode mentioned having a substantial position in Palantir Technologies Inc, (NASDAQ:PLTR), and asked for Cramer’s opinion. Cramer criticized the company’s inconsistent quarters at the time:

“Okay, here’s the problem with Palantir. The quarters are uneven. And Alex Karp doesn’t want to come on the show. And I don’t really understand how I can possibly make a judgment unless he comes on.”

Cramer’s scepticism was completely off the mark, as Palantir skyrocketed 507.18% over the past year.

Palantir Technologies Inc. (NASDAQ:PLTR) builds AI-powered data analytics platforms used by governments, defence agencies, and large enterprises for decision-making and operations. What’s surprising is that Cramer remains unconvinced, even after the company’s parabolic move. Here’s what he said on the 2nd of May:

“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.”

PLTR is a stock Jim Cramer recently discussed. While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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