Without question, CNBC's “Mad Money” host Jim Cramer is an entertaining showman and analyst.
Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently. Several factors have driven this surge.
This has been a busy month on the news front for Wall Street. Between Election Day, earnings season, and the October inflation report, investors haven't been hurting for catalysts.
Cathie Wood, the CEO of Ark Investment Management (ARKK) is one of the biggest names in tech investing.
There's plenty of evidence that Palantir's (PLTR) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at, and few (if any) have worked out well for investors.
Billionaire Israel Englander is the founder and CEO of Millennium Management, the second-most profitable hedge fund in history as measured by net gains since inception, according to LCH Investments. That makes him a good case study for investors.
Artificial intelligence (AI) has dominated Wall Street's attention since bursting onto the scene roughly two years ago. While Nvidia was arguably the hottest AI stock of 2023, Palantir Technologies (PLTR) seems to have taken the lead in this year's race.
Palantir (PLTR) got a pair of price target hikes, including one from Dan Ives of Wedbush. George Tsilis says "there's some merit to what's happening" with Palantir's stock, pointing to its contract work in the private and public sector.
Other companies whose consensus 2025 revenue estimates have increased the most include BlackRock and Coterra Energy.
Palantir (PLTR) is up over 290% year-to-date, and Paul McCarthy shares optimism for some of the company's earnings. However, he weighs if Palantir can continue its exponential growth alongside bigger names in the A.I.
Despite its generally excellent performance throughout 2024 – and particularly since September – Palantir (NYSE: PLTR) has been a highly controversial stock.
After Nvidia's roaring success in recent years it may be time for the wider software sector to “get in on the AI party.” That's the view of Wedbush analysts.