Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box' [Yahoo! Finance]
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Palantir Technologies Inc. Class A (PLTR)
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Source: Yahoo! Finance
Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your personal context, circumstances and life goals instead of short-term market movements. Cramer recalled his days at the Harvard Law School and how he used to run to the library to read research reports on companies to dig out information on quality stocks on a week-to-week basis. When Cramer joined Goldman Sachs, an “executive” at the firm introduced him to the concept of suitability, advising him never to recommend stocks to people without knowing what they want out of investing. According to Cramer, that “best semiconductor stock” might not be good for all individuals and therefore it's necessary to know the “tolerance” and risk appetite of investors. Answering a question during the program, Cramer said technical analysis, including paying attention to RSI values, is “incredibly” important to him and he does not
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PLTR
Earnings
- 5/6/24 - Beat
PLTR
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 6/21/24 - Form 4
- PLTR's page on the SEC website