Jim Cramer: Palantir Is A 'Winner,' Recommends Selling This Tech Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Shopify Inc. (NYSE:SHOP).

As per recent news, Splitit announced the launch of its new, fully embedded Shopify App, Splitit Card Installments, on Tuesday.

Cramer said Plains All American Pipeline, L.P. (NASDAQ:PAA) is a “terrific” stock.

Morgan Stanley analyst Robert Kad raised the price target on the stock from $19 to $23 on Tuesday, supporting his view.

Cramer recommended selling SoundHound AI, Inc. (NASDAQ:SOUN). “I regard SoundHound as a complete meme stock,” he added.

On Tuesday, SoundHound AI named Shawnna DelHierro as Senior Vice President and Chief Information Officer.

The Mad Money host recommended avoiding FMC Corporation (NYSE:FMC).

On the earnings front, FMC Corporation is scheduled to release its first quarter 2025 earnings on Wednesday, April 30, 2025, after the closing bell.

When asked about Core Natural Resources, Inc. (NYSE:CNR), “There's just not much to these stocks. I wish they could find a bottom, but they can't.”

According to the recent earnings report, Core Natural Resources reported quarterly earnings of $1.04 per share on Feb. 20, which missed the analyst consensus estimate of $3.09 per share. The company reported quarterly sales of $595.291 million, which beat the analyst consensus estimate of $553.850 million.

Palantir Technologies Inc. (NASDAQ:PLTR) is a “winner,” Cramer said.

On Tuesday, Everfox disclosed a strategic partnership with Palantir to enhance joint command and control capabilities.

Cramer said, “You can own Rocket (NYSE:RKT).”

On March 10, Rocket Companies agreed to acquire Redfin Corp. (NASDAQ:RDFN), a digital real estate platform, in an all-stock transaction valued at $12.50 per share, or approximately $1.75 billion in equity.

Price Action:

• Shopify shares gained 0.5% to settle at $109.82 on Tuesday.
• Plains All American Pipeline shares gained 0.1% to close at $20.18 during the session.
• SoundHound shares fell 1.1% to settle at $10.20.
• FMC shares fell 1.3% to close at $41.20.
• Rocket Companies’ shares fell 2.8% to close at $13.38  on Tuesday.
• Core Natural Resources shares rose 2% to settle at $76.25 on Tuesday.
• Palantir shares fell 0.3% to close at $96.50.

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