Astera Labs and AppLovin are aggressive growth stocks with potential for growth in market.
From Zacks Investment Research: 2025-02-28 17:56:13
Brian Bolan, the aggressive growth stock strategist at Zacks Investment Research, is focusing on two “A” stocks this week. Astera Labs (ALAB) and AppLovin (APP) both have strong Zacks Style Scores for Growth and weaker scores for Value. Astera Labs, with a $12B market cap, reported a beat and raise quarter on February 10th but has seen its stock price remain weak. Brian believes the fair value for Astera Labs is in the $90 to $105 range, with potential to reach $125 if the company continues to beat expectations. AppLovin, a Zacks Rank #1 stock, has also faced short and distort campaigns, but the company quickly defended itself against recent allegations. Brian reviews earnings history, growth projections, and valuation before analyzing each stock’s chart in his videos.
Read more at Zacks Investment Research: Astera Labs (ALAB) and AppLovin (APP) Are Aggressive Growth Stocks – February 28, 2025