1 Incredible Reason to Buy AppLovin Before Aug. 6

AppLovin (NASDAQ: APP) was one of the best performers on the stock market last year, but the mobile app-focused adtech company still gets relatively little attention in an era when investors are squarely focused on artificial intelligence (AI).The stock jumped more than 700% last year, but its performance has been more modest this year, as investors seemed to have adjusted to the skyrocketing growth rate in its adtech business, which has emerged as the company's biggest profit driver.In fact, AppLovin is confident enough in its adtech business that it sold its mobile app game business to Tripledot Studios in a deal that closed at the end of June, right before the second quarter ended. That could signal a great buying opportunity for the stock before it reports second-quarter earnings. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool