Applied Digital Rises 6% in a Week: Buy, Sell, or Hold the Stock?

Applied Digital Corporation (APLD) shares have appreciated 6.3% in the past week, outperforming the broader Finance sector’s return of 1.3%. This builder and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, cloud services, and data center hosting has been benefiting from strong top-line growth.In its recently concluded second-quarter fiscal 2025, revenues jumped 51% year over year to $63.9 million, driven by strong contributions from Cloud Servic ...