Palantir (PLTR) Stock Has Reversed, Says Jim Cramer

We recently published 11 Stocks Jim Cramer Shared His Insights On.  Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer discussed.

Over the past couple of months, Cramer has been increasingly appreciative of Palantir Technologies Inc. (NASDAQ:PLTR)’s software services. Throughout 2025, he’s been bullish about the stock and commented multiple times that he was among the first to predict that the shares would cross the $100 mark. More recently, the CNBC TV host has also cited discussions with businesses to point out that he has yet to hear anything negative about the impact Palantir Technologies Inc. (NASDAQ:PLTR) has made on its customers. In this appearance, he discussed the stock in the context of broader market movement:

“And by the way, there’s another one that’s reversed, and that has been crucial, and that’s ‘Plantir.’ . .yeah well no, the people who sold it, it’s ‘Plantir.’”

Cramer discussed Palantir Technologies Inc. (NASDAQ:PLTR)’s defense business and valuation in detail on November 12th. Here is what he said:

“I’m not concerned. I was talking with someone about defense and someone about aerospace in the last few days. They are a major force in defense and aerospace. Doing what I think is the right thing. I can’t back away from Palantir. The problem is the valuation, obviously, because they’re making a ton of money. But I can’t back away from it because everything Karp says about the growth and the profit is true! And I can’t just say, you know what, he’s wrong. You want to pay that for that? I know people will, I think that Palantir’s an amazing company. You know it’s funny, when you bump into someone that using them, all they ever say is we’ve had wholesale revolution at our company because of Palantir. Look I had to check, before I got on board with this thing at 50, I checked with a lot of CEOs that hired them, I have yet to find a CEO who said, yeah you know what, we lost our money with them. It’s the opposite. It’s like they revolutionized, they changed our company radically.

“Palantir, and by the way, their defense, what they’re saying about defense, they would revolutionize our country. They’re very, very good at what they do. Yes I mean Alex has a take on the show, look he’s a personality, I don’t care about the personality. I care about the numbers. And the numbers are real, they’re very real.”

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Disclosure: None. This article is originally published at Insider Monkey.