Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Growth companies are great for investors due to their impressive rate of return. Growth can provide investors with a rare opportunity to experience a stock share price surge, especially following a stellar earnings report.
How long will the run in growth stocks continue? The Nasdaq-100 continues to make new all-time highs seemingly almost every week.
Zacks.com users have recently been watching AppLovin (APP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here are three obscure stocks that have tremendous room for growth. Every company has sound financial standing and forward-thinking strategy plans for future expansion.
AppLovin's stock has risen 41% since its Q4 2023 earnings report, beating the S&P 500. The company's first quarter 2024 results exceeded revenue and earnings estimates, with significant growth in the Software Platform segment. Its AI-powered Software Platform helps developers market and monetize their apps, and the company expects further growth in its business.
AppLovin's AI-powered platform is generating some epic revenue and profit growth. The company operates in the hotly competitive digital ad industry.
AppLovin has put up some outstanding results of late, reflecting growing demand for its unique service. Shares of the app-advertising platform, however, have rallied too far and too fast.
We have narrowed our search to five technology services stocks that have a solid upside left in 2024. These stocks are: DOCU, DUOL, APP, SPOT, SPXC.