Reported about 21 hours ago
Palantir Technologies has gained significant attention in 2024, but AppLovin's stock has surged even more, up over 650% this year compared to Palantir's 250%. AppLovin's success stems from its AI-powered advertising technology, which contributed to a 66% increase in software revenue last quarter. Despite its impressive growth, AppLovin remains attractively valued with a forward price-to-earnings ratio that positions it favorably against Palantir. Investors might consider adding AppLovin to their portfolios for ongoing strong growth potential.
Source: YAHOO