Group 1 - Applied Digital's stock has surged 326% in 2023, raising questions about the timing of investment [1] - The company specializes in designing, building, and operating data centers for AI, cloud, networking, and blockchain workloads, with a projected tripling of global data center capacity demand by 2030 [2] - Applied Digital has secured significant contracts, including $11 billion worth for CoreWeave, to provide extensive data center capacity over 15 years [3] Group 2 - The company's market value is approximately $9 billion, prompting investors to consider its long-term value despite current high price-to-sales ratios [4] - The stock may not be suitable for all investors due to its high price and lack of profitability, but it could be worth monitoring for potential pullbacks [5] - The Motley Fool Stock Advisor has identified other stocks as better investment opportunities, suggesting that while Applied Digital is in a growing field, it may not be the best immediate buy [6][7]