Reported 1 day ago
Jim Cramer recently advocated for AppLovin Corporation (NASDAQ:APP), suggesting its earnings could more than double this year. He observed a significant rise in the stock's performance and noted that, despite its high valuation of about 60 times this year’s earnings estimates, it may still be considered a bargain if future earnings meet his expectations. AppLovin specializes in app marketing and monetization solutions, and while it shows great potential, there are other AI stocks he believes might have better investment prospects.
Source: YAHOO