The two stocks we explore today--AppLovin and MasTec--have destroyed the S&P 500 over the last 12 months and earned Zacks Rank #1 (Strong Buys) following their recent beat-and-raise earnings reports.
This darling stock is growing revenue at an extraordinary rate and believes it can grow at a greater than 20% annual rate from here.
AppLovin (APP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
AppLovin, Opera, and Datadog deserve more attention from retail investors.
AppLovin's stock has shown strong performance with potential for further growth, driven by its innovative ad technology and expanding market reach. APP differentiates itself from The Trade Desk by representing both advertisers and publishers, primarily focusing on small gaming developers. AppLovin's robust financials include a 39% revenue increase in Q3 2024, strong EBITDA margins, and significant free cash flow growth.
AppLovin (APP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does AppLovin (APP) have what it takes to be a top stock pick for momentum investors? Let's find out.
APP, CENX and RYAM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 11, 2024.
Here is how AppLovin (APP) and ADS-TEC Energy PLC (ADSE) have performed compared to their sector so far this year.
Marketers are getting great results with its products, driving higher revenue growth.
AppLovin (APP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Loop Capital analyst Rob Sanderson raised the firm's price target on AppLovin to $385 from $181 and keeps a Buy rating on the shares after its Q3 earnings beat and above-consensus guide. The firm is adjusting its model with 30-times assumed EBITDA multiple vs. 17.5-times prior, adding however that it would not be surprised to see consolidation in the stock after such "rapid revaluation". The analyst further notes that it may take time for investors to agree with Loop's revised valuation assessment, stating that the firm would be "enthusiastic buyers" of any pullback in AppLovin shares.