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Jim Cramer Recommended Holding & Buying Palantir (PLTR) In February 2025

Palantir Technologies Inc (NASDAQ:PLTR) is one of the Jim Cramer’s Hottest AI Stock Picks. Palantir Technologies Inc (NASDAQ:PLTR) is one of the largest data analytics companies in the world. Its shares are up by 78% over the past year and by 85% since Cramer discussed the stock on Mad Money on February 18th. Since then, the CNBC TV host has commented on Palantir Technologies Inc (NASDAQ:PLTR) multiple times. His discussions have ranged from praising the firm’s share price performance to predicting that the stock would go higher, remarks about CEO Alex Karp, and the effect of US government efficiency drives and spending cuts on the firm. Since Cramer’s February comments, Palantir Technologies Inc (NASDAQ:PLTR)’s shares have mostly been on an upward trajectory. However, among the notable deviations was the performance in November when the stock closed 16% lower amidst market worries about software valuations. In February, Palantir Technologies Inc (NASDAQ:PLTR)’s shares closed 7% higher on February 3rd following the firm’s fourth quarter earnings report which saw it beat analyst revenue and earnings estimates. In February 2025, Cramer had advised viewers to carefully buy the stock:

A woman reading and analyzing stock market data. Photo by Artem Podrez on Pexels

“You hold it, you hold it and when it crops back down, you buy back the stock that you sold because this company is a winner. They have really smart people and a lot of good contracts. It’s the best data analysis company in the world, Palantir.”

While we acknowledge the risk and 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. If you are looking for an AI stock that is more promising than PLTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years

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