10 Stocks on Jim Cramer’s Radar

6. Applied Digital Corporation (NASDAQ:APLD)

Number of Hedge Fund Holders: 42

When a caller asked about Applied Digital Corporation (NASDAQ:APLD), Cramer replied:

“No, it’s losing money and I got enough problems with companies that are winning and making money. I can’t go for the losers. I am sorry.”

Applied Digital (NASDAQ:APLD) focuses on building and operating digital infrastructure. It provides cloud solutions and high-performance computing for industries such as AI, machine learning, and cryptocurrency mining. Over two weeks ago, Cramer was asked about the company and he said:

“Losing too much money, not a good time. You can’t lose a lot of money in this tape. It just doesn’t work. I’m sorry. I know it’s a nice $6 bet, but I’m not going to do it.”