We recently published a list of 10 Stock Predictions That Jim Cramer Got Right Again. In this article, we are going to take a look at where AppLovin Corporation (NASDAQ:APP) stands against other stocks that Jim Cramer discusses.
A viewer asked about AppLovin Corporation (NASDAQ:APP), which had just posted strong results. Cramer enthusiastically supported the stock in that older episode, praising its breakout performance. He said:
“AppLovin had a great quarter… and people are app-lov-ing it. And I’m not going to fight you on it — it was great. And I don’t like enterprise software!”
Cramer supported AppLovin even though he dislikes enterprise software — a great call, with the stock up +381.87%.
AppLovin Corporation (NASDAQ:APP) is a mobile technology company that provides app developers with tools to monetize and grow their applications through advertising and analytics.
Jim Cramer has never been especially bullish on AppLovin. Here are his latest comments from April 23:
A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform.
“AppLovin I know is one of your favorites because you think that AppLovin is one of those companies that is like, will you give me a break. But they have free cash flow. . .”
Overall, APP ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of APP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
