AppLovin: Growth Has Just Begun, The Stock Is Worth Buying

AppLovin's AI Ad Mediation platform, AXON is a big winner.

APP stock has executed its last 5 quarters extremely well and should continue growing revenues at a CAGR of 20% and earnings over 50%.

The company has tremendous operating leverage and is a cash gusher.

It is still reasonably priced and should give a very robust return in the next 3 years.

AppLovin benefits from a network effect, leveraging its gaming data for its ad-mediation software platform, data which is useful and rich with insights for advertisers.

Here is the link to the full article at Seeking Alpha.

https://seekingalpha.com/article/4702226-applovin-growth-has-just-begun-the-stock-is-worth-buying