Jim Cramer Says AppLovin "Knows How to Make Money Better Than Almost Any Company on Earth"

AppLovin Corporation (NASDAQ:APP) is one of the stocks Jim Cramer recently put under a microscope. During the episode, a caller asked if they should hold, sell, or add to their position in the stock. Cramer replied:

“Okay, I think AppLovin is an amazing company that is just making a ton of money, and I like it very much. That makes me, I’m in a minority of the so-called professionals, but I think it’s a very, very good company, and people don’t understand. It knows how to make money better than almost any company on earth.”

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. During the October 24 episode, a caller asked if Cramer sees the stock going back to its highs, and he replied:

“Yes, I do. AppLovin is loved apping, that’s the way I feel about it. AppLovin and Palantir, they almost trade together. You can’t miss them. AppLovin is a winner.”

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