14 Stocks Jim Cramer Recently Looked At

7. Apollo Global Management, Inc. (NYSE:APO)

Number of Hedge Fund Holders: 85

Apollo Global Management, Inc. (NYSE:APO) is one of the 14 stocks Jim Cramer recently looked at. A caller asked about the company, and Cramer replied, “I think Apollo’s real good. It’s real well run. Marc Rowan is very, very smart.”

Apollo Global (NYSE:APO) is an investment firm that deploys capital across private equity, credit, real estate, and infrastructure and invests in public and private markets across a broad range of industries and asset types. On July 1, the company completed its $6.3 billion all-cash acquisition of International Game Technology’s Gaming & Digital unit and Everi Holdings, which merged the two into a new private enterprise under the IGT name. From the deal, Everi shareholders will receive $14.25 per share, and IGT will receive $4.05 billion in gross proceeds.

Baron FinTech Fund stated the following regarding Apollo Global Management, Inc. (NYSE:APO) in its Q1 2025 investor letter:

“Shares of alternative asset manager Apollo Global Management, Inc. (NYSE:APO) detracted in the first quarter, largely stemming from a reversal in sentiment on the economy and capital markets activity. As mentioned above, alternative asset manager stocks performed well last year, especially after the November elections, on expectations of a recovery in capital markets activity fueled by deregulation and economic growth. Those expectations waned in the first quarter due to uncertainty and volatility around the Trump administration’s policy initiatives. As sentiment faded, alternative asset manager stocks gave back their post-election gains. We continue to own the stock due to Apollo’s differentiated focus on credit and strong management team.”