Was Jim Cramer right about Applovin Corporation (APP)?


Recently I published the list 10 Stock Forecasts That Will Be Right Again Jim Kramer. In this article, we look at where Applovin Corporation (NASDAQ:APP) exists against other stocks that Jim Cramer discusses.

Viewers asked about Applovin Corporation (NASDAQ: APP). Cramer enthusiastically supported the stock in that old episode and praised its breakout performance. He said:

“Applovin had a great quarter… and people are apping it. And I’m not going to fight you with it. It was great. And I don’t like enterprise software!”

Cramer supported Applovin, but he dislikes enterprise software. The stock price has increased by +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 Kramer wasn’t particularly bullish on Applovin. Here is his latest comment from April 23rd:

Was Jim Cramer right about Applovin Corporation (APP)?
Was Jim Cramer right about Applovin Corporation (APP)?

Close-up of mobile devices. It shows advertisers reach out to consumers through software-based platforms.

“I know Applovin is one of your favorites, because I think Applovin is one of the companies that give me a break.

Overall, the app 1st place On the list of stocks that Jim Kramer discusses. While we acknowledge the potential of app investments, our conviction lies in the belief that some AI stocks hold a greater promise to offer higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. Best Short-Term AI Stocks

Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.

Disclosure: None. This article was originally published Insider Monkey.

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