AppLovin Stock Rises 34% in 3 Months: Buy or Wait for a Pullback?

AppLovin Corporation (APP) has seen its stock surge 34% in the past three months. This impressive rise has outpaced the industry's 28% rally.Compared with its competitors in the in-game mobile advertising space, APP’s performance is notably stronger. Alphabet Inc. (GOOGL) has gained 4.5%, and Meta Platforms (META) has returned 25.5% over the same period.Image Source: Zacks Investment ResearchNow, the key question for investors is whether the stock’s growth trajectory justifies a “Buy” at its current level o ...