Jim Cramer on AppLovin: “Too Much Risk There”

AppLovin Corporation (NASDAQ:APP) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked if the “AI ad platform” is still alive, and in response, Cramer said:

Too much risk there. I do fear that, kind of like what happened with Trade Desk, you come in, you wake up, and Google’s there. I don’t want Google to be coming in after me. And I think the margins there are so good that who knows what will happen.

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AppLovin Corporation (NASDAQ:APP) provides a software platform that helps advertisers and app developers market and monetize their content. The company offers advertising solutions, analytics tools, connected TV services, and mobile games. Cramer called it a “former market darling” during the February 6 episode as he remarked:

You know what the market doesn’t like? How about AppLovin, which is a former market darling from the year of magical investing? Not so magical now that Google’s decided to crowd into that space.

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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