Up Nearly 300% Since 2025, Is Applied Digital Stock a Buy?

Applied Digital (NASDAQ: APLD) has been one of the best stock picks over the past year. It has risen nearly 300% since 2025 began, but it has sharply sold off over the past few weeks. Now, it's down nearly 30% from its all-time high established in January. Applied Digital has been a great stock to own over the past few months, but is now the time to buy? I think it could easily bounce back, especially once the market gets its appetite for artificial intelligence (AI) investing back. Will AI create the worl ...