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The Motley Fool

Move Over Nvidia and Palantir, This AI Juggernaut Is Up 628% Year to Date. Can the Stock's Momentum Continue?

The Motley Fool
Summary
Nutrition label

73% Informative

AppLovin (NASDAQ: APP ) took over as the top-performing artificial intelligence ( AI ) stock in 2024 thanks to the share price surge that followed the release of its third-quarter results.

The price jump puts the stock up about 628% year to date as of Nov. 9 .

Since the launch of its Axon 2 AI-based advertising technology in the second quarter of 2023 , the company has seen explosive growth.

If you invested $ 1,000 when we doubled down in 2010 , you’d have $ 23,446 !

- Apple: if you invested in 2008 , you'd have $ 42,982 ! - Netflix: if.

you invested in Netflix in 2004 , you would have $ 428,758 ! - Amazon.

Right now, we’re issuing “ Double Down ” alerts for three incredible companies.

VR Score

66

Informative language

62

Neutral language

9

Article tone

informal

Language

English

Language complexity

32

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

9

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