Jim Cramer reviewed Applied Digital Corporation (NASDAQ:APLD) while breaking down 16 stocks for a market facing higher energy costs and economic uncertainty. A caller inquired about Cramer’s thoughts on the company, and he stated:

You get high-growth digital infrastructure, and I think it’s a very good situation. A lot of people like Applied Digital in the business, and I think they’re good.

Stock market data. Photo by Photo by Alesia Kozik

Applied Digital Corporation (NASDAQ:APLD) designs, builds, and operates data centers that support high-performance computing and AI workloads. A caller asked for Cramer’s advice on the stock during the February 25 episode, and Cramer responded:

I think Applied Digital’s going to have a breakout quarter, and therefore, you should own the stock. I know it seems like it’s expensive because it has generated a lot of losses. I think those are going to come to a conclusion very, very soon.

While we acknowledge the potential of APLD 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.

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