Palantir Technologies Inc. (PLTR)’s CEO Is A “Sweetheart,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Mentioned As He Talked About “Love Lost” Between Microsoft & OpenAI. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed.

Data analytics firm Palantir Technologies Inc. (NASDAQ:PLTR) is one of the hottest stocks on the market in 2025. Its shares have gained a whopping 148% year-to-date as the firm has managed to consistently outperform investor expectations. Software stocks, such as Palantir Technologies Inc. (NASDAQ:PLTR), are evaluated by their Rule of 40 score, which combines a firm’s revenue growth percentage and its profit margin to determine business performance. In his previous comments, Cramer has commented that instead of a Rule of 40 score, Palantir Technologies Inc. (NASDAQ:PLTR) has a Rule of 80 score. The firm’s shares are up by 16% after the firm’s latest earnings, and Cramer was nothing but full of praise for the firm’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.”

Palantir Technologies Inc. (PLTR)'s CEO Is A "Sweetheart," Says Jim Cramer

Previously, Cramer discussed Palantir Technologies Inc. (NASDAQ:PLTR)’s earnings. Here is what he said:

“Palantir Technology reported a spectacular quarter after the close, much better than expected revenue, up 48% year-over-year, 2 cent earnings beat off a 14 cent basis, management raising their full year forecast dramatically. Company’s Rule of 40 score, which combines the revenue growth rate with the adjusted operating margin, came in at 94 for the quarter. I’ve never seen anything like it, so no wonder this already red-hot stock could surge in after-hours trading.

And look, I get Palantir. It’s among the most popular stocks in the universe. Alex Karp’s one of the smartest, most perceptive CEOs I’ve ever met. His team is amazing, and the contracts he accrued are incredible. But his stock, it’s overvalued versus any metric that I can find, the least of which may be earnings per share. It sells at something like an astounding 277 times earnings, and that was before this quarter and tonight’s after-hours gains. I accept that. Sometimes you have to pay too much for a real spec.”

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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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