Jim Cramer Explains Why He Is Avoiding AppLovin Despite the Company’s Strong Momentum

AppLovin Corporation (NASDAQ:APP) is one of the stocks Jim Cramer answered questions about. Answering a caller’s query about the stock, Cramer said: You know, look, AppLovin’s got great momentum, but the fact is it trades at one of the highest price-to-earnings multiples in the entire market. I’m not recommending stocks that have a price-to-[earnings] multiple that is that high. Too much danger, even if I think the company’s great. Photo by Artem Podrez on Pexels AppLovin Corporation (NASDAQ:APP) prov ...