Jim Cramer says Palantir's Rule of 40 score of 155% proves bears wrong, citing its Q2 revenue growth and profit margins
During the August 31 episode of Mad Money, Jim Cramer highlighted Palantir Technologies Inc. (NASDAQ:PLTR) as a standout performer. He noted that the company's Q2 revenue growth of 93% year-over-year and adjusted operating margin of 62% resulted in an extraordinary Rule of 40 score of 155%, which he believes makes betting against the company a difficult proposition.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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