Workflow
Applovin(APP)
icon
Search documents
1 Top AI Stock (Not Nvidia) That's Up Over 250% in a Year -- Why It Might Still Be A Buy
fool.com· 2024-05-20 13:21
AppLovin is on an epic sprint, and it could have the legs to keep going.After toying for years with various digital advertising software stocks, I've finally landed on one I think is a winner: AppLovin (APP -0.89%). Nvidia may have (quite rightfully) captured the spotlight on Wall Street and catapulted itself into a spot among the largest companies in the world, but the GPU maker isn't the only business winning from the artificial intelligence (AI) race.Unlike some of the other businesses that like to flaun ...
Missed Out on AppLovin? Buy PubMatic Instead.
fool.com· 2024-05-18 22:08
Shares of the app-promoting platform look less appealing than those of the publisher-minded advertising middleman PubMatic.Up more roughly 700% since the end of 2022, AppLovin (APP -0.89%) stock might look a bit intimidating to jump into now. There may not be enough near-term upside left to tap, while the potential for profit-taking is huge.If you're not keen on AppLovin and feel like you've missed the easy gains with it, but are  interested in plugging into the same core craze that catapulted AppLovin shar ...
5 Top-Ranked Technology Services Stocks With More Room to Run
zacks.com· 2024-05-16 13:11
The U.S. business services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns in the past year.Within this sector, the technology services industry is 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.Growth ...
1 Wall Street Analyst Thinks AppLovin Stock Is Going to $115. Is It a Buy?
The Motley Fool· 2024-05-15 09:09
Despite AppLovin's torrid spike over the past year, investors continue to underestimate the AI-powered app discovery and digital-advertising platform.There's no denying that recent advances in artificial intelligence (AI) have been a game changer for companies able to successfully harness the power of these next-generation algorithms. App discovery platform AppLovin (APP -3.39%) certainly falls into that category.The company's AI-fueled platform, which targets digital advertising and helps app developers ge ...
What Makes AppLovin (APP) a Strong Momentum Stock: Buy Now?
Zacks Investment Research· 2024-05-14 17:01
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.While many investors like to look for moment ...
Is Trending Stock AppLovin Corporation (APP) a Buy Now?
Zacks Investment Research· 2024-05-14 14:05
AppLovin (APP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this mobile app technology company have returned +20.9% over the past month versus the Zacks S&P 500 composite's +2% change. The Zacks Technology Services industry, to which AppLovin belongs, has gained 1.6% over this period. Now the key question is: Where could the stock be headed in the near term?While me ...
AppLovin Shares Soar as Artificial Intelligence (AI) Drives Huge Revenue Surge. Up Nearly 400% in the Past Year, Is It Too Late to Buy the Stock?
The Motley Fool· 2024-05-14 10:20
AppLovin has been one of the biggest beneficiaries of AI.Shares of AppLovin (APP -0.07%) jumped following its first-quarter earnings report, which saw the adtech company's revenue surge 48% to $1.06 billion. The stock has been one of the market's standout performers over the past year, up nearly 400%.Let's look at what has been driving the company's success, if it can continue, and whether it is too late to buy the stock.Impressive Q1 resultsAppLovin's fortunes changed for the better after the company relea ...
Why AppLovin (APP) Might be Well Poised for a Surge
Zacks Investment Research· 2024-05-13 17:26
AppLovin (APP) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this mobile app technology company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near- ...
Best Momentum Stock to Buy for May 13th
Zacks Investment Research· 2024-05-13 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May13th:AppLovin (APP) : This company provides technology platform which enables developers to market, monetize, analyze and publish their apps, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.4% over the last 60 days.AppLovin’s shares gained 88.6% over the last three month compared with the S&P 500’s gain of 6.2%. The company posses ...
Is AppLovin (APP) Stock Outpacing Its Business Services Peers This Year?
Zacks Investment Research· 2024-05-13 14:46
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has AppLovin (APP) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.AppLovin is one of 315 companies in the Business Services group. The Business Services group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector ...