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AppLovin's stock is up 650% so far this year, far outpacing Palantir's 250% gain. Here's why

The Motley Fool
Summary
Nutrition label

71% Informative

AppLovin 's (NASDAQ: APP ) stock price is up more than 650% so far this year .

Palantir Technologies ( NYSE : PLTR ) is one of the hottest stocks of 2024 , but I think there is another hot artificial intelligence software stock that investors should consider as well.

The company has generated spectacular revenue growth since the launch of its new AI -powered adtech platform Axon-2 .

On rare occasions, our expert team of analysts issues a “ Double Down ” stock recommendation for companies that they think are about to pop.

Nvidia: if you invested $ 1,000 when we doubled down in 2009 , you’d have $ 380,291 !

- Apple: If you invested in Apple in 2008 , you'd have $ 43,278 ! - Netflix in 2004 , you would have $ 484,003 ! Right now is the best time to buy before it’s too late.

VR Score

68

Informative language

71

Neutral language

14

Article tone

informal

Language

English

Language complexity

40

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not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

11

https://www.fool.com/investing/2024/04/10/2-red-hot-growth-stocks-to-buy-in-2024-and-beyond/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://www.fool.com/legal/fool-disclosure-policy/https://ycharts.comhttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=00d3d9c6-67d6-4acb-b2f0-3bccdfe36d57&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_pit%3D16623%26ftm_veh%3Darticle_pitch_feed_yahoo&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b673397a-e059-4336-9919-937ef01c98ee&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-foolcom-breakfast-news%3Faid%3D11010%26source%3Disaeditxt0000991%26ftm_cam%3Dsa-breakfast-news%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D16694&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://www.fool.com/author/20615/https://ycharts.com/companies/APP/chart/https://www.fool.com/investing/2024/11/23/buy-millionaire-maker-stock-palantir-applovin/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=00d3d9c6-67d6-4acb-b2f0-3bccdfe36d57&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16623&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=ade0f05a-a283-4e6c-b4e3-1c7c09b2070ahttps://ycharts.com/companies/APP/forward_pe_ratio_1y

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