Jim Cramer on Applied Digital: “I Need You to Take Profits”

Applied Digital Corporation (NASDAQ:APLD) is one of the stocks Jim Cramer talked about, along with market froth. Cramer mentioned the stock during the episode and said: Next, there’s a whole new class of companies that’s caught fire over the past year, cryptocurrency miners that are converting their racks full of servers into data centers for AI. Now, this all started with CoreWeave. I don’t know if you saw Michael Intrator… CoreWeave’s successful IPO last March really caught everybody by surprise. Then, ...