AppLovin's Stock Is Still A Bargain

mbbirdy Investment thesis AppLovin's (NASDAQ:APP) stock has rallied by almost two times since inception in 2024, but my valuation analysis suggests that the valuation is still very attractive. The company operates a high-quality business model, its revenue growth and profitability improvement dynamics are impressive. The company appears to be in a pole position in the AI revolution in digital advertising and is nurturing an ecosystem, which will highly likely enable APP to have solid cross-selling opportuni ...