Applied Digital Corporation (NASDAQ: APLD) is one of the 11 Stocks Jim Cramer recently put under a microscope. A caller asked for reflections to burn the business, and in response, he said:
“Okay, it’s a high performance IT infrastructure, and high performance IT is on fire. This company does not earn money, but I think it’s a very good specification.”
An aerial view of a large -scale data center with rows of servers and flashing lights.
Applied Digital (NASDAQ: APLD) develops and operates the digital infrastructure. The company provides cloud services and high performance calculation adapted to sectors, including artificial intelligence, automatic learning and cryptocurrency. It should be noted that in April, when Cramer was asked about the company, he said:
“I know the business, and that’s the kind of thing, we have so many of these digital infrastructure games. I actually prefer that if you are going to go, go buy Salesforce. I’m not kidding. I’m going to buy CRM, I would feel better that way. ”
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Read then: The best and the worst dow stocks for the next 12 months And 10 unstoppable actions that could double your money.
Disclosure: None.
