Jim Cramer Says He’s “Sure” Palantir (PLTR) Will Get Business

Core Viewpoint - Jim Cramer expressed confidence in Palantir Technologies Inc. (NASDAQ: PLTR) securing business despite potential furloughs of federal employees due to budgetary issues, suggesting that the company is well-positioned to navigate these challenges [1][2]. Group 1: Company Insights - Palantir Technologies is mentioned in the context of potential furloughs affecting 550,000 federal employees, which could impact its business environment [1]. - Cramer believes that Palantir's stock could see significant price increases, projecting a rise from $50 to $200, indicating strong growth potential [2]. - The company is recognized for its intelligence and adaptability in business, suggesting that it will continue to thrive despite external pressures [2]. Group 2: Market Context - The discussion around Palantir is set against a backdrop of broader market concerns regarding federal employee furloughs, with estimates ranging from 700,000 to over a million potential furloughs [2]. - Cramer also compares Palantir to other companies like ServiceNow, indicating that while there may be short-term challenges, the long-term outlook remains positive for these firms [2]. - The article hints at a competitive landscape where some AI stocks may offer better returns with limited downside risk compared to Palantir [2].