Think It's Too Late to Buy Applied Digital (APLD) Stock? Here's the 1 Reason Why There's Still Time
Applied Digital (US:APLD) The Motley Foolยท2025-10-13 09:39The stock does seem overvalued, but you might still invest in it -- one way or another.With its recent price-to-sales ratio of 38, Applied Digital (APLD 15.71%) certainly looks like its shares are overvalued. So is it too late to invest in the company? Well, it depends. It might not be.First, understand its business: It "designs, builds, and operates high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads." That's ...