Jim Cramer Says He’s “Sure” Palantir (PLTR) Will Get Business

We recently published 12 Stocks Jim Cramer Mentioned In An Episode Where He Briefly Commented On Data Centers. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed.

Cramer discussed Palantir Technologies Inc. (NASDAQ:PLTR) in the context of reports discussing that the Trump administration might furlough 550,000 federal employees in case of a budgetary impasse.

“Yeah I think that this is the one number that could surprise. Everyone is pretty complacent about it, and some people are 700,000, some people are 900,000, what if it’s over a million? A million people furloughed? . . .I was wondering, I saw Palantir down today,  Palantir I said 50 goes to a 100, 100 goes to 150, 150 goes to 200. But, this is a company that does a lot of business. So does ServiceNow. Now I don’t think these companies are long term affected. But maybe the people they are trying to appeal to, maybe they’re furloughed. Now one thing I know when you mentioned this, these companies are very smart. And they will tell me not worry. I think the perception is that you should worry. I’m sure Palantir’s going to get its business.”

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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.