Jim Cramer’s February Portfolio: Top 10 Stocks

4. Applovin Corp (NASDAQ:APP)

Number of Hedge Fund Investors: 51

Jim Cramer in a latest program on CNBC praised Applovin Corp (NASDAQ:APP) and said the stock can keep going higher because of a lack of competition.

“I’m hate-loving Applovin Corp (NASDAQ:APP). I cannot believe the stock goes up every day. Do I ever wish my travel trust had this? I actually wish I were the stock. I wish I could say, “Hi, Mr. Applovin Corp (NASDAQ:APP).” 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 going to keep going up because it is a love stock.”

Carillon Eagle Mid Cap Growth Fund stated the following regarding AppLovin Corporation (NASDAQ:APP) in its Q4 2024 investor letter:

“AppLovin Corporation (NASDAQ:APP) is a platform for mobile app developers to grow their apps through user acquisition, monetization, and analytics. The company reported robust revenue growth as its latest tools are finding strong reception from customers. Furthermore, investors appreciated the initial success the company is having in moving beyond mobile games advertising into e-commerce advertising.”