AppLovin Corporation's stock (NASDAQ: APP ) is soaring with a 232% rally over the last twelve months. The explanation is the company's soaring revenue after the company started incorporating AI capabilities to its software for digitalComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now ...

Investors are sometimes cautious when approaching a stock that has increased by this magnitude.AppLovin (APP -1.97%) might be risky but demonstrates profitable growth that could persist for several years.*Stock prices used were the afternoon prices of Sept. 23, 2024. The video was published on Sept. 25, 2024. ...

I 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 stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, ...

AppLovin (NASDAQ: APP ) is in a position of strength no matter the economic climate given the platform’s data-driven & results-driven, AI-native features. As marketing spend shifts from linear television to more engaging platforms, such as mobile applications, CTV, and other open internet sites, I believe thatMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services wor ...

An astonishing bull run of U.S. stock markets that started from the beginning of 2023 is still maintaining its momentum. In 2023, the Dow, the S&P 500 and the Nasdaq Composite – rallied 13.7%, 23.9% and 43.4%, respectively. Year to date, the Dow, the S&P 500 and the Nasdaq Composite – have advanced 11.5%, 20.2% and 21.6%, respectively.Consequently, several stocks have skyrocketed this year. Here, we have narrowed our search to five stocks that have provided triple-digit returns year to date. These are AppLo ...

SoundHound AI - SoundHound AI employs an AI voice platform using speech-to-meaning and deep-meaning-understanding technologies to process speech in real time, understand intent, and respond to complex queries [2] - The company initially gained traction in the automotive industry, with several automakers using its technology for vehicle voice assistants, and has since expanded into the restaurant sector, partnering with operators and fintech companies like Toast and Olo [2] - SoundHound recently acquired Amelia, a conversational and generative AI platform, enabling it to enter industries such as healthcare, retail finance, and insurance, creating cross-selling and upselling opportunities [3] - If SoundHound becomes the standard in AI voice technology, it has the potential to be a high-growth stock [3] SentinelOne - SentinelOne specializes in endpoint security, protecting networks and devices like smartphones and computers through its AI-powered Singularity Platform, which monitors, predicts, and eliminates threats, and can "rewind" systems to pre-attack states [4] - The company is well-positioned to benefit from the global IT outage caused by CrowdStrike, as its smaller size allows it to capture market share without needing to displace the industry leader significantly [4] - SentinelOne recently secured a multiyear deal with Lenovo to provide endpoint security across new PCs and offer upgrades to existing Lenovo hardware, while also collaborating to build a new managed detection and response (MDR) service [5] - The company's revenue grew 33% year-over-year in Q2, and its forward price-to-sales ratio of 7.5 makes it a bargain compared to larger peers, with potential for significant growth [5] AppLovin - AppLovin has benefited significantly from the AI revolution, particularly after launching its Axon 2 AI-based advertising solution, which has driven a surge in software platform revenue [6] - Traditionally focused on mobile gaming, AppLovin's Axon 2 has attracted mobile app companies, leading to a 75% increase in software platform revenue in Q2, while rival Unity Software's ad business declined by 9% [6][7] - The company trades at a forward P/E ratio of 24.5 and a PEG ratio of 0.5, indicating it is undervalued, with potential for further growth if it extends its solution beyond the mobile gaming market [7] Industry Trends - The AI revolution continues to drive growth in tech companies, with smaller players like SoundHound AI, SentinelOne, and AppLovin showing significant potential to outperform larger competitors [1][6] - Cybersecurity remains a critical focus, with SentinelOne leveraging AI to address endpoint security and capitalize on industry disruptions [4][5] - The advertising and mobile app sectors are undergoing transformation, with AI-driven solutions like AppLovin's Axon 2 gaining market share at the expense of traditional players [6][7]

Another pundit following the stock joined the bull stampede.News coming directly from app monetization specialist AppLovin (APP 0.68%) has been fairly light in recent days, yet investors were eager to snap up the stock. Much of this had to do with a recommendation upgrade from a newly minted AppLovin bull. The result was that the company's share price had improved by over 10% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.An undervalued operatorThe anal ...

Key TakeawaysAppLovin shares hit a record high Wednesday as the company makes inroads capitalizing on mobile gaming and lucrative new digital advertising markets. After bottoming out in December 2022, AppLovin shares have made a V-shaped recovery on healthy trading volume, indicating conviction behind the buying. Investors can monitor key retracement levels on AppLovin's chart at $112, $88, and $55.A bars pattern, which takes the trending period following a prior piercing pattern in March 2023 after a four ...

Steven Cress is VP of Quantitative Strategy and Market Data at Seeking Alpha. Steve is also the creator of the platform’s quantitative stock rating system and many of the analytical tools on Seeking Alpha. His contributions form the cornerstone of the Seeking Alpha Quant Rating system, designed to interpret data for investors and offer insights on investment directions, thereby saving valuable time for users. He is also the Founder and Co-Manager of Alpha Picks, a systematic stock recommendation tool design ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 13:Powell Industries, Inc. (POWL) : This custom equipment manufacturer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.9% over the last 60 days.Powell Industries has a PEG ratio of 0.97 compared with 1.42 for the industry. The company possesses a Growth Score of B.Norwegian Cruise Line Holdings Ltd. (NCLH) : This cruise company ...