AppLovin Corporation (APP): Is Jim Cramer Skeptical of Its Overhyped Stock Performance?

Insider Monkey01-09

We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where AppLovin Corporation (NASDAQ:APP) stands against other ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2502860870?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-09 05:38","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2502860870","market":"us","top_or_hot":-1,"title":"AppLovin Corporation (APP): Is Jim Cramer Skeptical of Its Overhyped Stock Performance?","media":"Insider Monkey","content":"<div>\n<p>We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where AppLovin Corporation (NASDAQ:APP) stands against other ...</p>\n\n<a href=\"https://finance.yahoo.com/news/applovin-corporation-app-jim-cramer-213817975.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AppLovin Corporation (APP): Is Jim Cramer Skeptical of Its Overhyped Stock Performance?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAppLovin Corporation (APP): Is Jim Cramer Skeptical of Its Overhyped Stock Performance?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-09 05:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/applovin-corporation-app-jim-cramer-213817975.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where AppLovin Corporation (NASDAQ:APP) stands against other ...</p>\n\n<a href=\"https://finance.yahoo.com/news/applovin-corporation-app-jim-cramer-213817975.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://finance.yahoo.com/news/applovin-corporation-app-jim-cramer-213817975.html","article_id":"2502860870","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502860870","pubTimestamp":1736372297,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where AppLovin Corporation  stands against other NASDAQ 100 stocks that Jim Cramer discussed recently.Jim Cramer, the host of Mad Money, recently shared his perspective on the stock market, especially reflecting on the events of 2024. He emphasized that years like 2024 don’t come around often, where everything feels so clear and the winners are so apparent. According to Cramer, if investors tried to get too creative or overcomplicate their strategies, they likely missed out on the obvious winners.READ ALSO: Jim Cramer’s Bold Predictions About These 10 Healthcare StocksandJim Cramer’s Bold Predictions About These 10 SaaS Stocks. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platf","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4588":"碎股",".IXIC":"NASDAQ Composite","BK4023":"应用软件","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","USJW.SI":"ALPHAB 3xLongSG261006","NVIW.SI":"NVDA 3xLongSG261006","APP":"AppLovin Corporation","TSYW.SI":"TESLA 3xLongSG261006","SQQQ":"纳指三倍做空ETF","USAW.SI":"AMZN 3xLongSG261006","BK4585":"ETF&股票定投概念","QLD":"纳指两倍做多ETF"},"translate_title":"AppLovin Corporation(APP)：吉姆·克莱默(Jim Cramer)是否对其过度炒作的股票表现持怀疑态度？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APP":1,".IXIC":0.9,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where AppLovin Corporation (NASDAQ:APP) stands against other NASDAQ 100 stocks that Jim Cramer discussed recently.\nJim Cramer, the host of Mad Money, recently shared his perspective on the stock market, especially reflecting on the events of 2024. He emphasized that years like 2024 don’t come around often, where everything feels so clear and the winners are so apparent. According to Cramer, if investors tried to get too creative or overcomplicate their strategies, they likely missed out on the obvious winners.\n\n“If you tried to get creative, you tried to get clever, you missed out on some truly idiot-proof winners. The losers on the other hand, well, they were not as easy to spot because in many cases they were the market’s former winners, even if they long ago lost their way.”\n\nREAD ALSO: Jim Cramer’s Bold Predictions About These 10 Healthcare Stocks and Jim Cramer’s Bold Predictions About These 10 SaaS Stocks\nAs part of his annual analysis on Mad Money, Cramer examined the top and bottom performers of the Nasdaq 100 in 2024, offering insights into what worked and what didn’t. He reviewed how, in many instances, investors tend to become frustrated with stocks that are overhyped, knowing deep down that eventually, something better will come along. He likened these overly loved stocks to a “mouse trap,” where the price could only go down from such lofty heights, warning that many investors would regret not jumping off the metaphorical spaceship before the crash.\nCramer shared his thoughts on the five best performers in the NASDAQ 100 for 2024, calling it a “real good collection of winners” and expressing a genuine fondness for these stocks. He also noted that, while the Nasdaq 100 losers may have appeared to have suffered dramatic declines, the reality was more nuanced.\n\n“The Nasdaq 100 losers, though they aren’t so horrible as the declines would make you think, but they got clobbered because they were emblematic of golden calves, worshipped for a long time before being revealed as not so special after all.”\n\nOur Methodology\nFor this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money on January 2. We listed the stocks in ascending order of their hedge fund sentiment as of the third quarter, which was taken from Insider Monkey’s database of 900 hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. \nAppLovin Corporation (NASDAQ:APP)  \nNumber of Hedge Fund Holders: 51\nTalking about overly loved stocks, Cramer mentioned AppLovin Corporation (NASDAQ:APP) and said:\n\n“Last year that stock was AppLovin, the best performer in the Nasdaq, which places ads in mobile video games among other tasks. Of course, they use AI and advanced algorithms to target their advertising. Of course, they do a great job. Of course, there is none better until of course, somebody else comes along with something cheaper, stronger, more powerful, and more app lovable and that’s why 8% of the company shares are sold short. People know that competition is inevitable.\nHonestly, I think Google could dominate this space in a heartbeat if they weren’t worried about the Justice Department’s antitrust division, although those goons will soon be broomed. I’m betting 2025 will be the year when venture capitalists start funding proposals for AppLovin alternatives, which is why I can’t endorse the stock here at nearly 60 times this year’s earnings estimates. But try telling that to the true believers who set it up 713% last year, another 5.5% today, which frankly I find utterly ridiculous. I mean enough AppLovin already.”\n\nAppLovin (NASDAQ:APP) is a software company that provides tools focused on improving marketing and monetization for mobile apps, offering solutions for app measurement, analytics, and in-app bidding. In addition to its software solutions, it operates a portfolio of free-to-play mobile games. Recently, the company has gained considerable attention for its performance in the AI sector, with its stock becoming one of the market’s hottest.\nThe company saw significant growth in 2023, especially with the launch of its Axon 2 advertising technology in the second quarter. The AI-powered Axon 2 helped boost the company’s software platform revenue by 66% in the third quarter of 2024. However, its legacy apps business, which includes gaming apps, only saw a modest 1% growth. Recently, analyst Omar Dessouky from BofA, using in-app-purchase tracking data, predicted a 4% decline in the company’s app revenue for the next quarter, though he noted that any softness in the gaming segment may not heavily impact overall performance.\nIt is worth mentioning that AppLovin’s (NASDAQ:APP) net income in the third quarter of 2024 soared 300%, reaching $434.4 million. Additionally, management has expressed confidence in achieving growth rates of 20% to 30% in mobile game advertising. For the fourth quarter of 2024, the company expects revenue between $1.24 billion and $1.26 billion, marking an approximate 31% increase at the midpoint of the range, which exceeded analysts’ expectations of $1.18 billion, as per CNBC.\nOverall, APP ranks 4th on our list of NASDAQ 100 stocks that Jim Cramer discussed recently. While we acknowledge the potential of APP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2502860870"}