Jim Cramer Discusses These 10 Stocks & Says ‘Bro’ Market Is Froth

8. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders In Q4 2024: 95

AppLovin Corporation (NASDAQ:APP) is a software company that enables firms to run advertisements in video games. Cramer has commented about the firm multiple times this year. He has been optimistic about the firm’s ability to target the non-linear advertising market which has boomed as traditional cable networks grapple with dropping viewership. The CNBC host has also dismissed short seller reports against AppLovin Corporation (NASDAQ:APP). Here are his latest remarks:

“But AppLovin was a stock that was almost cut in half that is bouncing back. There had been a big short report on it. But they do have great cash flow. I don’t want to get involved. That’s a total battleground meme stock. Remember memes? That’s a meme stock.”