Palantir (PLTR) Stock Has Reversed, Says Jim Cramer

Core Insights - Jim Cramer has expressed a bullish outlook on Palantir Technologies Inc. (NASDAQ: PLTR), highlighting its software services and predicting that the stock will surpass the $100 mark in 2025 [2][3] - Cramer has noted that he has not encountered any negative feedback from businesses regarding the impact of Palantir on their operations, emphasizing the company's positive reputation among its clients [2][3] Company Performance - Cramer discussed Palantir's strong position in the defense and aerospace sectors, indicating that the company is a significant player in these industries [3] - He acknowledged concerns about Palantir's valuation but maintained confidence in the company's growth and profitability, stating that the positive feedback from CEOs who have utilized Palantir's services supports this view [3] Market Context - Cramer mentioned that Palantir's stock has reversed its trend, suggesting a potential recovery or positive shift in market perception [2][3] - The discussion of Palantir's performance was framed within the broader context of market movements, indicating that the stock's trajectory is being influenced by overall market conditions [2]