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.

What matters for growth investors.

• APPLOVIN CORP-CLASS A demonstrates a strong Return on Equity(ROE) of 78.16%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. APPLOVIN CORP-CLASS A shows promising potential for continued success.
• 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.
• The 1-year revenue growth of APPLOVIN CORP-CLASS A (24.73%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 47.9%, APPLOVIN CORP-CLASS A showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• With positive growth in its operating margin over the past year, APPLOVIN CORP-CLASS A showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• APPLOVIN CORP-CLASS A has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• APPLOVIN CORP-CLASS A has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 7.0K% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Analysts' average next Quarter EPS Estimate for APPLOVIN CORP-CLASS A has witnessed a 24.0% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of APPLOVIN CORP-CLASS A have shown a 7.0K% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• APPLOVIN CORP-CLASS A shows accelerating EPS growth: when comparing the current Q2Q growth of 7.0K% to the previous year Q2Q growth of 96.77%, we see the growth rate improving.

What is the full fundamental picture of NASDAQ:APP telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Overall APP gets a fundamental rating of 6 out of 10. We evaluated APP against 285 industry peers in the Software industry. While APP has a great health rating, its profitability is only average at the moment. APP is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make APP suitable for growth investing!

Our latest full fundamental report of APP contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

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.