Jim Cramer Stands Firm on Palantir, Cites Strength Among Enterprise Software Peers
In a recent episode of CNBC's "Mad Money," host Jim Cramer delivered a clear endorsement of Palantir Technologies (NASDAQ: PLTR), the controversial data analytics and artificial intelligence software provider. When pressed by a caller on whether he maintains a positive outlook, Cramer was unequivocal: "Yes, I like Palantir."
"Palantir is trading right now with the cohort that is ServiceNow and Salesforce," Cramer noted, referencing two widely respected enterprise software leaders. "By the way, those are great companies. But I think [Palantir] belongs in that conversation." His comments suggest a view that the company's specialized platforms—Gotham for government and defense, and Foundry for commercial enterprises—have matured to a point of competitive legitimacy.
The endorsement comes as Palantir continues to aggressively expand its Artificial Intelligence Platform (AIP), betting heavily on the adoption of its AI tools across both public and private sectors. While the stock has been historically volatile, Cramer's framing positions it less as a speculative tech bet and more as an established player in the critical data infrastructure space.
Analyst and investor commentary on the segment was mixed:
Michael R., Portfolio Manager: "Cramer's right to highlight the peer group. Palantir's government contracts provide a durable revenue floor, and their commercial growth, while slower than some hoped, is real. The comparison to ServiceNow is about operational scale, not just technology."
Sarah Chen, Tech Analyst at Verity Insights: "Lumping PLTR with NOW and CRM is a stretch. Their business models and client concentration risks are fundamentally different. This feels more like narrative-building than substantive financial analysis. The 'great company' rhetoric ignores the persistent questions about valuation and stock-based compensation dilution."
David Lee, Retail Investor: "Finally! Someone on mainstream TV isn't treating Palantir like a meme stock. The work they do with AIP is tangible. Cramer seeing them alongside Salesforce validates what long-term holders have believed for years."
Priya Sharma, Independent Market Commentator: "This is reckless. Cramer has a history of being late on this name, and now he's blessing it at a premium? The 'cohort' argument is a superficial talking point to gloss over the extreme volatility and the fact that its profitability is a very recent phenomenon. Investors should be deeply skeptical."
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.