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 ...

PM ImagesAPP's High Growth Investment Thesis Remains Valid, Despite The Balance Sheet Headwinds We previously covered AppLovin (NASDAQ:APP) in May 2024, discussing why we had rated the stock as a Buy then, attributed to its robust performance metrics, excellent gaming advertising partnerships, and upcoming entry to other in-app advertising markets from FQ2'24 onwards. Combined with its high growth prospects and raised consensus forward estimates, we believed that the stock might continue to offer excell ...

AppLovin Corporation (APP) has been one of the standout performers in 2024, with its stock price surging by an impressive 116.6% year to date. This rise has significantly outpaced the 13% rally seen in the industry.As of the last trading session, the stock closed at $86.31, close to its 52-week high of $93.7. APP is trading above its 50-day moving average, indicating a bullish sentiment among investors. Image Source: Zacks Investment ResearchAPP's performance is notably stronger than its competitors in the ...

Boy Wirat Introduction The stock of AppLovin Corporation (NASDAQ:APP), a tech entity with growing clout in the advertising ecosystem has been on fire through much of 2024. On a YTD basis, when its peers from the Nasdaq have only notched double-digit gains, APP has surged ahead, by a whopping 112%! Despite a strong year of alpha by APP's stock, we feel this story still has legs and choose to go with a BUY rating. YCharts Why The AppLovin Story Is Worth Getting Behind AppLovin's comprehensive software platfor ...

The company appears to have launched extremely effective software that's boosting its business.Share prices of app monetization company AppLovin (APP 0.96%) jumped 20.5% in August, according to data provided by S&P Global Market Intelligence. The company reported financial results for its second quarter of 2024 on Aug. 7, showing both impressive growth and robust profit margins.AppLovin creates its own apps and also has software to help other companies monetize their apps. Regarding this software, the compa ...

TAIPEI, Sept. 9, 2024 /PRNewswire/ -- Formosa Pharmaceuticals, Inc. (hereinafter referred to as "Formosa Pharma," 6838.TW) announced the successful first shipment to the United States of its new ophthalmic drug, Clobetasol Propionate Ophthalmic Suspension, 0.05% (APP13007), manufactured by Bora Pharmaceuticals Ophthalmic (hereinafter referred to as "Bora," 6472.TW). Formosa Pharma's U.S. partner, Eyenovia, Inc. (NASDAQ: EYEN), has initiated the pre-launch activities for APP13007 and is expected to begin com ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With 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 that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about AppLovin (APP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AppLovin currently has an average brokerage ...

AppLovin Corporation (APP) has seen its stock skyrocket 126.3% year to date. This impressive rise has significantly outpaced the 21.3% rally of the industry it belongs to and the 18.1% growth of the Zacks S&P 500 composite.Compared with its competitors in the in-game mobile advertising space, APP’s performance is notably stronger. Alphabet Inc. (GOOGL) has surged 18.6%, and Meta Platforms (META) has gained 49.2% over the same period.Year-to-Date Price PerformanceImage Source: Zacks Investment ResearchAs of ...

Have you been paying attention to shares of AppLovin (APP) ? Shares have been on the move with the stock up 16.8% over the past month. The stock hit a new 52-week high of $92.5 in the previous session. AppLovin has gained 123.3% since the start of the year compared to the 10.6% move for the Zacks Business Services sector and the 20.4% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ...