We recently released a list Today, 10 shares of Jim Cramer radar. In this article, we will take a look at the position of Palantir Technologies Inc (NASDAQ:PLTR) on other stocks on Jim Cramer radar.
Jim Cramer talked about the latest trends in the AI data center industry in a newest plan for CNBC, and said that demand has not slowed down according to reports from some leading companies:
“Since the money-making season is in progress, we've heard from a group of companies related to the AI data center theme, what do you know? They've been coming up with big numbers all the time. It's almost like there's no problem with the story of AI infrastructure in the first place.”
Kramer then talked about several major AI companies and said that most of the top companies have strong demand for data centers. He believes that the tech giant led by Satya Nadella has slowed down AI spending in its “breakup” with Openai.
“Wall Street has become very skeptical, and I don't think that really has changed. But from the seasons we've seen so far, I'm more optimistic about the story, especially if we get more trade wars from the White House and stocks are cheaper and stocks are cheaper.
Please read also 7 Best Stocks to Buy in Long-Term and 8 Cheap Jim Cramer Stock Investing
In this article, we recently picked 10 shares of Jim Cramer on CNBC. For each company, we mention its latest hedge fund sentiment. Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Number of hedge fund investors: 43
Jim Cramer asked Palantir Technologies Inc (NASDAQ:PLTR) in the latest plan. This is what he said:
“The guys in the meme push it every day. They push it away in the morning. They usually start around 3:30. I get up earlier than them, so I watch them do. And it's blooming every day. What is the explosion? The manipulation is incredible. But, what do you know? In the new regime?
Baron Asset Fund pointed out the following about Palantir Technologies Inc. (NASDAQ:PLTR) in its fourth-quarter 2024 investor letter:
