Jim Cramer Says Buy Palantir (PLTR) Despite Meme Stock Label

From Yahoo Finance: 2025-04-16 22:02:00

Jim Cramer discussed various stocks recently, including Palantir Technologies Inc. (PLTR). Cramer highlighted concerns about a potential trade war with China impacting the market, warning of higher prices and shortages. Inflationary pressures and American labor costs pose challenges, with few countries comparable to China in terms of production efficiency.

Cramer emphasized the importance of understanding why Chinese goods dominate the American market, citing lower costs and sufficient quality. In light of economic uncertainties, he advised strategic planning for potential price hikes and supply chain disruptions. Cramer highlighted the vulnerability of companies tied to economic cycles amidst mounting inflationary risks.

Despite being labeled a meme stock, Jim Cramer encouraged buying Palantir (PLTR) for its technology and potential growth. Palantir focuses on data integration and strategic decision support tools. While PLTR ranks 5th among Cramer’s discussed stocks, AI investments may offer higher returns. For those interested in AI stocks, a report on an undervalued, promising AI stock with substantial upside potential is recommended.

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