Jim Cramer on Palantir: “The Growth Hasn’t Slowed Down, Just the Stock”

Jim Cramer on Palantir: “The Growth Hasn’t Slowed Down, Just the Stock” Syeda Seirut Javed Tue, June 23, 2026 at 4:31 PM GMT+2 2 min read PLTR Palantir Technologies Inc. (NASDAQ: PLTR ) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down . A caller mentioned that they had started a position in the stock when it went public and asked whether they should add to it or sell.

Cramer replied: Oh boy, let me think about this, let me think about this. I think it's fine as long as you recognize, I just want to see what they've pushed it down to… yeah, I thought so, they really clubbed it today, as long as you recognize it as a long-term growth story. What's happened is the growth wasn't very exciting to people.

The growth hasn't slowed down, just the stock. Photo by Nicholas Cappello on Unsplash Palantir Technologies Inc. (NASDAQ:PLTR) develops data analytics and AI software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that help organizations integrate, analyze, and act on complex data.

During the May 28 episode, a caller inquired about the stock, and Cramer responded: Okay, right now, other companies are shining so brightly that they're taking away the sheen of Palantir. But maybe something changed today with Snowflake. Palantir is up $10; maybe it's coming back.

I have never, I have not lost faith in my great friend Alex Karp, and I don't think I will. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

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