10 Stock Predictions That Jim Cramer Got Right Again

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1. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders: 96

A viewer asked about AppLovin Corporation (NASDAQ:APP), which had just posted strong results. Cramer enthusiastically supported the stock in that older episode, praising its breakout performance. He said:

“AppLovin had a great quarter… and people are app-lov-ing it. And I’m not going to fight you on it — it was great. And I don’t like enterprise software!”

Cramer supported AppLovin even though he dislikes enterprise software — a great call, with the stock up +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 Cramer has never been especially bullish on AppLovin. Here are his latest comments from April 23:

“AppLovin I know is one of your favorites because you think that AppLovin is one of those companies that is like, will you give me a break. But they have free cash flow. . .”

While we acknowledge the potential of APP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APP and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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