Operator to continue community investment throughout the DMV  Click here to download creative assetsWASHINGTON, July 17, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today launched mobile sports betting operations across Washington, D.C. Previously accessible within only a two-block radius of the sportsbook's location at Nationals Park, sports fans district-wide now have access to the BetMGM sports wagering experience along with rewards tied to both MGM Resorts and Marriott Bo ...

A list of the top stocks to buy early can lead to significant investment opportunities. Here, the focus is on three compelling stocks poised for accelerated growth. Each company stands out not only for its recent financial performance but also for strategic initiatives that position them for future success. One of these companies, a leader in mobile gaming technology, has expanded its footprint into broader digital marketing with its platform, driving substantial revenue growth and profitability. The second ...

If you're wondering why I always talk about momentum, take a look at the chart below. It shows how the momentum factor has clearly been the winner this year compared to several other factor investing methods.The blue line represents the S&P 500, which has delivered a 16% year-to-date return. The orange line depicts the momentum factor (MTUM), which has outperformed the S&P 500 by 10% so far this year. Notably, both high-dividend (IWD) and value (VYM) strategies have significantly underperformed the market, ...

KeremYucel/iStock via Getty Images Thesis AppLovin (NASDAQ:APP) was going through difficulties in their core business two years ago, but now the company is firing on all cylinders. We believe that the company learned a lot from the Apple (AAPL) tracking changes and slowdown in the ad market. They are now growing at a rapid clip, and doing so profitably. We believe the company is currently undervalued. The Backstory AppLovin was one of the companies negatively impacted by Apple's tracking changes, making ...

The AI industry has been a significant factor in propelling the technology sector to new heights. It has been a major draw for investors due to the improvement and creation of new and innovative technologies that could continue to offer considerable returns.Many different stocks related to generative AI have seen their share prices multiply over the last year. This industry could be heating up, and these companies may just be beginning to experience this AI boom.Below are three companies that have greatly b ...

AppLovin (APP) closed the most recent trading day at $78.58, moving +1.81% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%.Shares of the mobile app technology company have depreciated by 2.62% over the course of the past month, underperforming the Business Services sector's gain of 0.15% and the S&P 500's gain of 3.15%.Analysts and investors alike will be keeping a close ...

AppLovin Corporation (APP) stock has gained a massive 97% year to date, and we believe that it has the potential to sustain this momentum in the near term. Consequently, if you haven’t taken advantage of its share price appreciation yet, it’s time you add the stock to your portfolio.Let’s take a look at some other factors that make APP an attractive pick.Solid Rank and VGM Score: APP sports a Zacks Rank #1 (Strong Buy) and has a VGM Score of B. Our research shows that stocks with a VGM Score of A or B, when ...

denkcreative Despite reporting strong Q1 results, AppLovin's (NASDAQ:APP) stock has come under pressure in recent weeks. This appears to be driven by ongoing changes to the adtech landscape, which could threaten AppLovin's competitive positioning. There also appears to be an expectation of a rapid growth deceleration as the boost provided by AXON begins to wane. I previously suggested that adjacent markets will be a growth driver for AppLovin going forward. While this is taking time, AppLovin is increasing ...

The stock market has recently sent many investors on a wild ride. Many sectors have experienced impressive growth over the last year, with the S&P 500 Index reporting 24% growth while the average yearly return is roughly 10%.Many investors are still very interested in adding capital to existing positions and taking on new positions in this bullish environment, which could continue to increase in the near term.The overall stock market environment is ideal for investors who desire strong returns and the possi ...

The U.S. Business Services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate, a sticky inflation rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns year to date.Industries within this sector are mature, with demand for services in good shape. Revenues, income and cash flows are anticipated to gradually reach the pre-pandemic levels, aiding most industry players to pay out stable dividends.The pan ...