Meet the Monster Stock That Continues to Crush the Market
As the old adage goes, past performance is no guarantee of future results. That's why you should never count on a red-hot stock remaining hot after you jump in. Indeed, an overperforming ticker is often at above-average risk of a pullback.Every now and then, a stock that's beating the daylights out of the market merits a closer look. That doesn't inherently mean it's a buy; it's rising for a reason and might be worth a shot.With that as the backdrop, here's a closer look at AppLovin (NASDAQ: APP), a stock that's been soaring since April and is now deep into record-high territory as a result. The thing is, the underlying reason for this extreme bullishness actually makes sense. The question is, how long can the rally last at its current pace?Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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