Thu, December 19, 2024
Wed, December 18, 2024
[ Wed, Dec 18th 2024 ] - Forbes
Best High-Return Stocks In India
Tue, December 17, 2024
Mon, December 16, 2024
Sun, December 15, 2024
Sat, December 14, 2024
[ Sat, Dec 14th 2024 ] - Yahoo Finance
10 Top Stocks to Buy in 2025
Fri, December 13, 2024
[ Fri, Dec 13th 2024 ] - CNBC
The best annuity companies of 2025
Thu, December 12, 2024
Wed, December 11, 2024

AppLovin: Don't Chase Overpriced Stocks - Buying Momentum Bound To Wane


//stocks-investing.news-articles.net/content/202 .. priced-stocks-buying-momentum-bound-to-wane.html
Published in Stocks and Investing on Sunday, December 15th 2024 at 14:01 GMT by Seeking Alpha   Print publication without navigation

  • APP's promising e-commerce advertising results have driven its stock price up by +718% on a YTD basis, well outperforming the wider market and its

The article on Seeking Alpha discusses the risks associated with investing in AppLovin (NASDAQ: APP), a mobile app technology company. It highlights that despite AppLovin's stock experiencing significant momentum and a sharp rise in its stock price, the valuation appears to be overstretched. The author argues that the company's growth, while impressive, is not sustainable at the current rate, and the stock's price-to-earnings ratio is excessively high compared to its historical averages and industry peers. The piece cautions investors against chasing the stock due to its momentum, suggesting that the high expectations baked into the stock price could lead to a significant correction if growth slows or if there are any negative developments. The article advises a cautious approach, recommending that investors look for more reasonably priced opportunities rather than buying into the hype surrounding AppLovin's recent performance.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4744272-applovin-dont-chase-overpriced-stocks-buying-momentum-bound-to-wane ]

Publication Contributing Sources