Workflow
Applovin(APP)
icon
Search documents
AppLovin (APP) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-22 22:52
In the latest trading session, AppLovin (APP) closed at $83.24, marking a +1.76% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.The the stock of mobile app technology company has risen by 4.1% in the past month, leading the Business Services sector's loss of 3.28% and the S&P 500's gain of 0.43%.The investment community will be paying close attention to the earnings perfo ...
3 Tech Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-19 17:28
Tech stocks have been roaring in recent years and have provided investors with fantastic rates of returns. Over this past year, the benchmark fund tracking the technology sector, The Technology Select Sector SPDR Fund (NYSEARCA:XLK), has increased by 25%, while the S&P 500 has only grown by 21%.The technology industry has experienced rapid growth, and many of the top tech stocks with massive market caps, such as Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL), have grown very quickly. ...
BETMGM LAUNCHES MOBILE SPORTS BETTING APP THROUGHOUT WASHINGTON, D.C.
Prnewswire· 2024-07-17 18:30
Operator to continue community investment throughout the DMV  Click here to download creative assetsWASHINGTON, July 17, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today launched mobile sports betting operations across Washington, D.C. Previously accessible within only a two-block radius of the sportsbook's location at Nationals Park, sports fans district-wide now have access to the BetMGM sports wagering experience along with rewards tied to both MGM Resorts and Marriott Bo ...
3 Stocks to Buy Before They Skyrocket: July Edition
Investor Place· 2024-07-14 17:11
A list of the top stocks to buy early can lead to significant investment opportunities. Here, the focus is on three compelling stocks poised for accelerated growth. Each company stands out not only for its recent financial performance but also for strategic initiatives that position them for future success. One of these companies, a leader in mobile gaming technology, has expanded its footprint into broader digital marketing with its platform, driving substantial revenue growth and profitability. The second ...
Momentum Alert: 3 Top Ranked Stocks Leading the Market (APP, STEP, VST)
ZACKS· 2024-06-27 19:00
If you're wondering why I always talk about momentum, take a look at the chart below. It shows how the momentum factor has clearly been the winner this year compared to several other factor investing methods.The blue line represents the S&P 500, which has delivered a 16% year-to-date return. The orange line depicts the momentum factor (MTUM), which has outperformed the S&P 500 by 10% so far this year. Notably, both high-dividend (IWD) and value (VYM) strategies have significantly underperformed the market, ...
AppLovin: Fast Growing And Undervalued
Seeking Alpha· 2024-06-26 04:24
KeremYucel/iStock via Getty Images Thesis AppLovin (NASDAQ:APP) was going through difficulties in their core business two years ago, but now the company is firing on all cylinders. We believe that the company learned a lot from the Apple (AAPL) tracking changes and slowdown in the ad market. They are now growing at a rapid clip, and doing so profitably. We believe the company is currently undervalued. The Backstory AppLovin was one of the companies negatively impacted by Apple's tracking changes, making ...
3 Hot AI Stocks to Buy Before It's Too Late
Investor Place· 2024-06-25 18:00
The AI industry has been a significant factor in propelling the technology sector to new heights. It has been a major draw for investors due to the improvement and creation of new and innovative technologies that could continue to offer considerable returns.Many different stocks related to generative AI have seen their share prices multiply over the last year. This industry could be heating up, and these companies may just be beginning to experience this AI boom.Below are three companies that have greatly b ...
Why the Market Dipped But AppLovin (APP) Gained Today
ZACKS· 2024-06-21 22:50
AppLovin (APP) closed the most recent trading day at $78.58, moving +1.81% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%.Shares of the mobile app technology company have depreciated by 2.62% over the course of the past month, underperforming the Business Services sector's gain of 0.15% and the S&P 500's gain of 3.15%.Analysts and investors alike will be keeping a close ...
Here's Why You Should Invest in AppLovin (APP) Stock Now
ZACKS· 2024-06-18 15:20
AppLovin Corporation (APP) stock has gained a massive 97% year to date, and we believe that it has the potential to sustain this momentum in the near term. Consequently, if you haven’t taken advantage of its share price appreciation yet, it’s time you add the stock to your portfolio.Let’s take a look at some other factors that make APP an attractive pick.Solid Rank and VGM Score: APP sports a Zacks Rank #1 (Strong Buy) and has a VGM Score of B. Our research shows that stocks with a VGM Score of A or B, when ...
AppLovin: Growth Prospects Still Underappreciated
Seeking Alpha· 2024-06-12 16:30
denkcreative Despite reporting strong Q1 results, AppLovin's (NASDAQ:APP) stock has come under pressure in recent weeks. This appears to be driven by ongoing changes to the adtech landscape, which could threaten AppLovin's competitive positioning. There also appears to be an expectation of a rapid growth deceleration as the boost provided by AXON begins to wane. I previously suggested that adjacent markets will be a growth driver for AppLovin going forward. While this is taking time, AppLovin is increasing ...