Why the growth investor may take a look at NASDAQ:APP.

In this article we will dive into APPLOVIN CORP-CLASS A (NASDAQ:APP) as a possible candidate for growth investing. Investors should always do their own research, but we noticed APPLOVIN CORP-CLASS A showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Some of the growth metrics of NASDAQ:APP highlighted

• APPLOVIN CORP-CLASS A has achieved an impressive Return on Equity (ROE) of 78.16%, showcasing its ability to generate favorable returns for shareholders.
• APPLOVIN CORP-CLASS A has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• APPLOVIN CORP-CLASS A has demonstrated strong 1-year revenue growth of 24.73%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 47.91%, APPLOVIN CORP-CLASS A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• With a favorable trend in its operating margin over the past year, APPLOVIN CORP-CLASS A demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• With a favorable trend in its free cash flow (FCF) over the past year, APPLOVIN CORP-CLASS A demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• In the most recent financial report, APPLOVIN CORP-CLASS A reported a 7.0K% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The average next Quarter EPS Estimate by analysts was adjusted by 71.72%, reflecting the evolving market expectations for the company's EPS growth.
• In the most recent financial report, APPLOVIN CORP-CLASS A reported a 7.0K% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of APPLOVIN CORP-CLASS A are accelerating: the current Q2Q growth of 7.0K% is above the previous year Q2Q growth of 96.77%. Earnings momentum and acceleration are key for high growth systems.

What else is there to say on the fundamentals of NASDAQ:APP?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Overall APP gets a fundamental rating of 6 out of 10. We evaluated APP against 277 industry peers in the Software industry. APP has an excellent financial health rating, but there are some minor concerns on its profitability. APP is not overvalued while it is showing excellent growth. This is an interesting combination. This makes APP very considerable for growth investing!

Check the latest full fundamental report of APP for a complete fundamental analysis.

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.