AppLovin Joins S&P 500 as Cramer Hails Stock’s Strong Growth Momentum

AppLovin Corporation (NASDAQ:APP) is one of the 12 Jim Cramer Stock Picks this Week.

The stock captures Cramer’s attention following the announcement of its inclusion in the S&P 500.

AppLovin Joins S&P 500 as Cramer Hails Stock’s Strong Growth Momentum

In the financial results announced for the second quarter of 2025, the company reported a revenue of $1.26 billion, a 16.5% year-on-year growth. Though the revenue missed the analyst estimates by 1.2%, the company’s EPS of $2.39 beat the estimates by 20.4%, thus gaining a positive outlook. The outlook was further enhanced by AppLovin Corporation (NASDAQ:APP)’s inclusion in the S&P 500. The stock is set to join the index on September 22, 2025, when the market opens.

The stock also gained the attention of Jim Cramer, as reflected in the following statement.

“Of the three newest members of the S&P 500, AppLovin and Robinhood are both red-hot stocks that’ve gotten even hotter”

Insider Monkey database recorded 109 hedge funds with share ownerships at AppLovin Corporation (NASDAQ:APP), suggesting significant confidence in the company’s growth prospects.

AppLovin Corporation, a Palo Alto, California-based company founded in 2012, is a mobile technology company. It provides a software platform and AI-powered solutions to help mobile app developers with marketing, monetization, and analysis required for growing their audiences.

While we acknowledge the risk and potential of APP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure. None.