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Benzinga
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Jim Cramer Expects Palantir To Reach New All-Time High

1. Cramer predicts PLTR could reach $200 in the future. 2. Palantir announced a five-year extension with Lear Corp on Sept 4. 3. New collaboration with Lumen Technologies may enhance PLTR's market presence. 4. PLTR stock rose 0.8%, closing at $156.14 on Thursday. 5. Expanded partnerships reflect Palantir's ongoing growth strategy.

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FAQ

Why Bullish?

Jim Cramer's prediction and strategic partnerships indicate PLTR's potential for growth. Historical trends show positive stock reactions post-collaboration announcements.

How important is it?

Cramer's endorsement and new partnerships suggest significant future performance, enhancing investor confidence. The expected long-term growth justifies a high importance score.

Why Long Term?

The extensions and collaborations will take time to materialize in revenue, suggesting a gradual impact. Historical cases demonstrate gradual price increases following similar partnerships.

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