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Economy

Jim Cramer Notes “Palantir Continued to Surge Higher as It Won Tons of Contracts”

Palantir Technologies Inc. has seen significant stock growth, attributed to its recent contract wins, including substantial deals with the federal government and private sector. Jim Cramer expressed confidence in the company's profitability and anticipated further contracts from the Pentagon, enhancing its market position.

Jim Cramer Notes “Palantir Continued to Surge Higher as It Won Tons of Contracts”

Credit: Yahoo

Key Highlights

  • Palantir's stock rose by $6 to $188 recently.
  • The company has secured numerous contracts from both the private sector and federal government.
  • Jim Cramer emphasized Palantir's strong earnings and market potential.
  • Palantir has a new contract with the US Navy for submarine construction.
  • Cramer predicts additional Pentagon contracts for Palantir in the future.
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Sources

  1. Jim Cramer Notes “Palantir Continued to Surge Higher as It Won Tons of Contracts”
  2. Jim Cramer on Palantir: “I Believe There’ll Be Many More Pentagon Contracts Coming”

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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