AppLovin Stock Gains 228% YTD: Should You Buy or Wait for a Dip?

AppLovin Corporation (APP) and Fair Isaac Corporation’s (FICO) surges of 166.9% and 67%, respectively, over the same period.As of the last trading session, the stock closed at $127.8, near its 52-week high of $133.1. APP is trading above its 50-day moving average, indicating a bullish sentiment among investors.APP Trades Above 50-Day Average Image Source: Zacks Investment Research However, the key concern for investors now is whether the stock’s growth trajectory justifies a “buy” at its current price or if ...