AppLovin: Nice Performance And Strong FY24 Outlook (Rating Upgrade)
APPApplovin(APP) Seeking Alpha·2024-02-24 16:11

d3sign/Moment via Getty Images Investment action I recommended a hold rating for AppLovin (NASDAQ:APP) when I wrote about it the last time, as I wanted to wait for management to provide guidance for FY24 before taking a position. Based on my current outlook and analysis on APP, I recommend a buy rating. Based on the recent performance and the very positive FY24 outlook, I have become more confident in the stock performance outlook. The AXON 2.0 platform is working well, driving more than 80% growth in the s ...