Jim Cramer on Apollo Global: "It's Always Traded at a Pretty Big Discount to the Market"

Apollo Global Management, Inc. (NYSE:APO) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer discussed the company’s projected earnings growth and valuation. He commented:

“There are even a couple of private equity stocks that look interesting based on this screen, like Apollo, which is now a leader in both private equity and private credit. It’s projected to have roughly 19% earnings growth in 2026, but it sells for just 15.5 times next year’s numbers. It’s always traded at a pretty big discount to the market, though.”

Apollo Global Management, Inc. (NYSE:APO) is an alternative investment firm specializing in private equity, credit, real estate, and infrastructure. The firm’s strategies include buyouts, distressed assets, structured credit, and direct lending. Upon inquiry from a caller, Cramer called it a cheap stock in an August episode. He said:

“You just sold me on Apollo. I love the case… Listen to that guy. He knows more than all the Wall Street guys put together. I think Apollo’s a cheap stock. I think this guy, Marc Rowan, I invite him on the show… This company is a very smart company. I am a believer. I’m a believer.”

While we acknowledge the potential of APO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.