Jim Cramer on AppLovin: "Too Much Risk There"

By Syeda Seirut Javed | March 11, 2026, 7:28 AM

AppLovin Corporation (NASDAQ:APP) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked if the “AI ad platform” is still alive, and in response, Cramer said:

Too much risk there. I do fear that, kind of like what happened with Trade Desk, you come in, you wake up, and Google’s there. I don’t want Google to be coming in after me. And I think the margins there are so good that who knows what will happen.

Photo by Artem Podrez on Pexels

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. Cramer called it a “former market darling” during the February 6 episode as he remarked:

You know what the market doesn’t like? How about AppLovin, which is a former market darling from the year of magical investing? Not so magical now that Google’s decided to crowd into that space.

While we acknowledge the potential of APP 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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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