Jim Cramer Gives Strong Buy Signal For Palantir Technologies: 'It Goes Higher'
Portfolio Pulse from Benzinga Neuro
Jim Cramer, host of CNBC's 'Mad Money', has given a strong buy recommendation for Palantir Technologies Inc (NYSE:PLTR), citing its significant strides in the AI and defense sectors, including securing a prime contractor role for the U.S. Army's Titan program and substantial adoption of its AI platform.
March 07, 2024 | 7:57 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jim Cramer's strong buy recommendation for Palantir Technologies, based on its advancements in AI and defense, including a prime role in the U.S. Army's Titan program.
Jim Cramer's recommendations are closely followed by a large number of retail investors, which can lead to increased buying pressure on the stock. His endorsement, especially given Palantir's recent achievements and partnerships, could significantly boost investor confidence and demand for PLTR shares in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100