Reported 2 days ago
Jim Cramer recently highlighted Applied Digital Corporation (APLD) during his show, suggesting it's part of a competitive digital infrastructure sector but indicated a preference for investing in Salesforce instead. APLD specializes in cloud services and data center operations for AI and high-performance computing. An analyst from Citizens JMP has rated APLD as Outperform with a price target of $12, indicating potential for the stock to reach $30 as demand for bitcoin mining and data center capabilities grows.
Source: YAHOO