Jim Cramer’s Comments on 5 Stocks Like Palantir, Meta, and Playing the Recent Market Rotation

3. Palantir Technologies Inc. (NASDAQ:PLTR)

Palantir Technologies Inc. (NASDAQ:PLTR) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. During the episode, Cramer was bullish on the company, as he said:

The only one right now that I actually trust is Palantir. This is the fastest grower of the stocks I follow, and it’s been crushed. It’s down 80 points from its high. Today, it finally showed some signs of life.

Palantir Technologies Inc. (NASDAQ:PLTR) develops data analytics and AI software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that help organizations integrate, analyze, and act on complex data. During the June 18 episode, a caller mentioned that they had started a position when the company came public and asked whether they should add more or sell, and Cramer responded:

Oh boy, let me think about this, let me think about this. I think it’s fine as long as you recognize, I just want to see what they’ve pushed it down to… yeah, I thought so, they really clubbed it today, as long as you recognize it as a long-term growth story. What’s happened is the growth wasn’t very exciting to people. The growth hasn’t slowed down, just the stock.