AppLovin: +100% Gains This Year, But No Signs Yet Of This Train Slowing Down
Applovin(APP) Seeking Alpha·2024-09-10 03:28
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 ...