Jim Cramer Discusses “Difficulty” In Palantir (PLTR)’s Valuation & Narrative

We recently published 10 Stocks Jim Cramer Discussed Including His Palantir Deep Dive. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed.

Palantir Technologies Inc. (NASDAQ:PLTR)’s third-quarter earnings saw the firm’s $0.21 in EPS and $1.18 billion in revenue beat analyst estimates of $0.17 and $1.09 billion. However, despite the solid set of results, the shares fell after the earnings report. Cramer spent quite a bit discussing Palantir Technologies Inc. (NASDAQ:PLTR) and shared that the pain point in the stock was whether its valuation matched its “incredible” and “profitable” growth:Jim Cramer Discusses "Difficulty" In Palantir (PLTR)'s Valuation & Narrative

“[On earnings and CEO short seller comments] Well look, it’s funny cause you read through the conference call and says well people come on CNBC and they say, they make fun of us. I mean, I’m on CNBC quite a bit and I’ve been liking the stock very much since 50. I thought it was an excellent quarter, I continue to think that they are doing things that other people are not doing and they are very special. I will say sometimes I like the Rule of 40 analysis. Look, the growth here is incredible and its profitable growth, and I really like that. I think the difficulty is you just say okay listen is it worth a half a trillion? And that’s the big issue. You take a look at the market cap, versus what you look at in terms of, then you look at price to sales for 2027, highest in the S&P and you say it’s really expensive. But then you say, this is an incredibly profitable, really well run company that is doing great things. That I think, and by the way, I have to tell you, their military stuff, Shyam Sankar, who’s probably I think the most, maybe the foremost thinker these days in the military, works at Palantir. And he’s excellent.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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