Reported 2 days ago
Lake Street has maintained a Buy rating on Applied Digital Corporation (NASDAQ:APLD), which is considered one of the best stocks to invest in over the next three months. Following the announcement of a new lease agreement with CoreWeave for an additional 150MW of data center capacity at their Polaris Forge 1 Campus, APLD's total lease revenue rises to about $11 billion. Analysts predict a 44% upside from the current price target of $18, highlighting APLD's potential in next-generation digital infrastructure.
Source: YAHOO