Jim Cramer Says “I’m Going to Say No to Applied Digital”

Applied Digital Corporation (NASDAQ:APLD) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller mentioned that they are “knee-deep” in the stock, Cramer rejoined:

Yeah, but the problem there is that you’ve got a stock that is making no money in a market where many people are making money, and people are switching from the losers to the winners. I’m going to say no to Applied Digital.

Applied Digital Corporation (NASDAQ:APLD) designs, builds, and operates data centers that support high-performance computing and AI workloads. A caller asked for Cramer’s opinion on the stock during the March 25 episode. In response, he said:

You get high-growth digital infrastructure, and I think it’s a very good situation. A lot of people like Applied Digital in the business, and I think they’re good.

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