AppLovin: A Compelling Investment Opportunity For Growth Investors
Applovin(APP) seekingalpha.com·2024-05-20 23:29
Luis Alvarez/DigitalVision via Getty Images I first wrote about AppLovin (NASDAQ: NASDAQ:APP) a few weeks after it reported its fourth quarter 2023 earnings on February 14, 2024, and I initiated my coverage with a buy. Since that buy call, the stock has been up around 41% compared to the S&P 500 (SPX), which only rose 4.51%. The company recently reported its first quarter 2024 results on May 8, beating analysts' revenue estimates by approximately 9% and analysts' Generally Accepted Accounting Principles ...