AppLovin stock breaks out: App'tizing momentum ahead

Key PointsAppLovin (NYSE: APP) has surged over 260% in the past year, with recent gains of nearly 15% year-to-date.With a high P/E ratio of 155, AppLovin's recent earnings reflect robust growth, with almost 50% annual sales growth over the past five years.The stock recently broke above a significant resistance level, marking a potential breakout supported by increased volume.5 stocks we like better than AppLovinFrom a technical standpoint, identifying a mid-cap stock that has performed as remarkably and con ...