Positive.

From Nasdaq: 2024-08-15 12:20:05

AppLovin (APP) shows a positive earnings outlook with rising estimates, making it a potential portfolio addition. With an optimistic trend in estimate revisions and a Zacks Rank #1 (Strong Buy), analysts predict earnings of $0.89 per share this quarter and $3.48 for the year, representing significant growth compared to last year’s numbers.

Investors are eyeing 5 stocks projected to double in value, handpicked by Zacks experts with a track record of selecting winners. Past recommendations have soared by 143.0%, 175.9%, 498.3%, and 673.0%, offering an opportunity to gain +100% in 2024. Most of these potential home run stocks are flying under Wall Street radar, presenting a ground-floor investment chance.



Read more at Nasdaq: Earnings Estimates Rising for AppLovin (APP): Will It Gain?