Jim Cramer Recently Shed Light on These 9 Stocks

2. AppLovin Corporation (NASDAQ:APP) 

Number of Hedge Fund Holders: 51

Cramer acknowledged that AppLovin Corporation (NASDAQ:APP) stock “does not quit” and has the tendency to go higher unless a competitor with lower pricing steps in.

“Oh man, I’m hate loving AppLovin. I cannot believe the stock goes up every day… This thing does not quit. It doesn’t know how to quit. And all I can tell you is unless someone else comes in directly and says, you know what, we do what they do and we charge half the price, this stock is gonna keep going up because it is a love stock. I’m gonna give you two for, I’m gonna say the same thing about Palantir. Palantir and AppLovin should go get married.”

AppLovin (NASDAQ:APP) is a company that offers software solutions designed to improve marketing and monetization strategies. Cramer recently expressed his belief that 2025 will be the year when venture capitalists begin backing alternatives to AppLovin. Because of this, he stated that he cannot recommend the stock at its current price, which is nearly 60 times this year’s projected earnings. However, he added:

“But try telling that to the true believers who set it up 713% last year, another 5.5% today, which frankly I find utterly ridiculous. I mean enough AppLovin already.”