Palantir Technologies Inc. (PLTR) Could Help With Government Functioning, Says Jim Cramer

We recently published 12 Latest Stocks Jim Cramer Discussed. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed.

Palantir Technologies Inc. (NASDAQ:PLTR)’s shares are among the top performers in 2025 as they have gained 135% year-to-date. The stock has benefited from back-to-back strong earnings reports which have seen the firm expand its valuation multiple known as the Rule Of 40. Palantir Technologies Inc. (NASDAQ:PLTR) currently trades at a 589 P/E ratio, which makes it one of the most highly valued stocks on the market. Cramer discussed the firm in the context of improving the US government’s operations:

“If I brought in, yes, the stock that actually reversed yesterday in a criminal fashion, just kidding. Palantir. I think Palantir, with its ontology, its ability to be able to figure out an organization, would have much better numbers. I know praise Alex Karp almost the way I praised Jensen Huang. Which is completely wrong because one man is a force of good and the other one’s the force of I have no idea. But I do believe Palantir could do the numbers much better.”

Palantir Technologies Inc. (PLTR) Could Help With Government Functioning, Says Jim Cramer

Here are his previous thoughts about Palantir Technologies Inc. (NASDAQ:PLTR)’s CEO, Alex Karp:

“And, Alex Karp, congratulations again for getting the stock up. What a guy. What a sweetheart. That’s a word that’s not used by anyone in the world, remember pistol competition he does.”

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.

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