Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, and AppLovin (APP) is highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Earnings Growth - AppLovin has a historical EPS growth rate of 229.4%, with projected EPS growth of 314.7% for the current year, significantly outperforming the industry average of 27.8% [4]. Asset Utilization Ratio - The company's asset utilization ratio stands at 0.8, indicating that AppLovin generates $0.8 in sales for every dollar in assets, which is higher than the industry average of 0.61, showcasing better efficiency [5]. Sales Growth - AppLovin's sales are expected to grow by 39.9% this year, contrasting sharply with the industry average of 0%, indicating strong sales growth potential [6]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for AppLovin, with the Zacks Consensus Estimate for the current year increasing by 17.4% over the past month, suggesting favorable market sentiment [7][8]. Overall Assessment - The combination of a Growth Score of A and a Zacks Rank 1 positions AppLovin as a potential outperformer and a solid choice for growth investors [8][9].

I have recommended this stock three times this year. My first recommendation in February is up 364%, my second is up 225%, and my third is up 113%. AppLovin (NASDAQ: APP ) is oneI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’s Disclosure: I/we have no ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 11:AppLovin Corporation (APP) : This digital advertising platform provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.AppLovin's shares gained 287.9% over the last three months compared with the S&P 500’s advanced of 12.1%. The company possesses a Momentum Score of A.Century Aluminum Company (CENX) : This al ...

Marketers are getting great results with its products, driving higher revenue growth.AppLovin (APP -6.30%) delivered yet another quarter of fantastic results that are sending the stock higher.*Stock prices used were the afternoon prices of Nov. 6, 2024. The video was published on Nov. 8, 2024. ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Pitney Bowes Inc. (PBI) : This shipping and mailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.Kinross Gold Corporation (KGC) : This gold mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 17% over the last 60 days.Rayonier Advanced Materials Inc. (RYAM) : This cellulose specialty company has seen the Zacks Consensus Estimat ...

Index Changes - AppLovin Corporation (Nasdaq: APP) will be added to the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) before market open on November 18, 2024 [1] - AppLovin Corporation will replace Dollar Tree, Inc (Nasdaq: DLTR) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index [1] - Dollar Tree, Inc will be removed from the Nasdaq-100 Ex-Tech Sector™ Index (Nasdaq: NDXX™), the Nasdaq-100 ESG™ Index (Nasdaq: NDXESG™), the Nasdaq-100 Sustainable ESG Select™ Index (Nasdaq: NDXSES™), the Nasdaq-100 ex Top 30™ Index (Nasdaq: NDX70™), and the Nasdaq-100 ex Top 30 UCITS™ Index (Nasdaq: NDX70U™) on the same date [2] - AppLovin Corporation will be considered for inclusion in the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™) at the next quarterly rebalancing [2] Company Information - Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators [4] - Nasdaq provides data, analytics, software, exchange capabilities, and client-centric services to help clients optimize and execute their business vision [4]

I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I’ve developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly in the tech sector. My investment philosophy centers on simplicity, as I believe that while complex analysis can be valuable, fundamental financial ratios and metrics often provide the clearest insights. I write for Seeking Alpha to co ...

Shares of AppLovin (APP 8.45%), an online gaming and advertising company, soared higher this week after it reported third-quarter financial results that blew past Wall Street's consensus estimates. AppLovin's shares jumped 45% this week, as of this writing, adding to the company's stunning gains over the past year of more than 500%. AppLovin continues its stunning growth AppLovin's sales popped 39% in the quarter to $1.2 billion, which outpaced analysts' consensus estimate of $1.13 billion. Similarly, the c ...

Investment Rating - The report maintains a "Buy" rating for AppLovin (APP US) with a target price of $213, representing a potential upside of 26% from the current price of $168 55 [4][6] Core Views - AppLovin s 3Q24 revenue reached $1 198 billion, up 39% YoY, surpassing market expectations by 5 9% Net profit was $434 million with a net margin of 36% Adjusted EBITDA was $722 million, exceeding market expectations by 12 4%, with an adjusted EBITDA margin of 60 2%, up 11 7pp YoY [2] - The company provided strong guidance for 4Q24, with revenue expected to be $1 24-1 26 billion, representing a YoY growth of 30-32%, and adjusted EBITDA guidance of $740-760 million, maintaining a 60% margin [2] - AppLovin increased its stock repurchase authorization by $2 billion, bringing the total remaining authorization to $2 3 billion [2] Software Platform Growth - AppLovin s Software Platform revenue in 3Q24 was $835 million, up 66% YoY and 17% QoQ, driven by continuous improvements in the AXON engine The adjusted EBITDA margin for this segment expanded to 78% due to operational leverage and one-time factors such as the renewal of the Google Cloud contract, PSU vesting, and favorable currency exchange rates [3] - The Apps segment revenue was $363 million, up 1% YoY, with an adjusted EBITDA margin of 19% The Apps segment is not a focus area for the company, and its performance is expected to remain stable [3] E-commerce Expansion - AppLovin has initiated pilot projects in the e-commerce sector, achieving promising results comparable to traditional customer acquisition channels The company is integrating resources to scale up its e-commerce business, with plans to fully launch next year This expansion is expected to significantly increase the company s total addressable market and could become a new growth driver [3] Financial Projections - The report raises 2024E/2025E revenue forecasts to $4 6 billion and $5 4 billion, respectively, with adjusted EBITDA margins of 57% and 61% The target price of $213 implies a 2025E EV/EBITDA multiple of 23 5x [4] - Key financial metrics for FY24E include revenue of $4 585 billion, operating profit of $1 803 billion, and adjusted EBITDA of $2 626 billion [5] Valuation and Market Performance - AppLovin s current market capitalization is $59 618 billion, with a 52-week trading range of $35 79-$176 99 The stock has shown strong performance relative to the S&P 500 index [6] - The report outlines optimistic, base, and pessimistic scenarios with target prices of $269, $213, and $160, respectively The optimistic scenario assumes better-than-expected revenue and profit growth, accelerated expansion into new areas, and margin expansion [13]