Own AppLovin (APP) Stock? This Is the 1 Thing to Watch Now.

AppLovin (NASDAQ: APP) is an advertising-technology (adtech) stock that's up nearly 1,200% over just the last two years, as of this writing. These incredible gains were fueled by stunning revenue growth and an extraordinary surge in investor confidence in the underlying business.AppLovin's revenue has increased by more than 250% over the last five years, which is a strong compound annual growth rate (CAGR) of more than 20%.As for investor confidence, consider the valuation for AppLovin stock. Five years ago, it traded at about 10 times its sales. Now it trades at more than 20 times sales. This higher valuation suggests that investors view the business more favorably than they used to and are consequently willing to pay a higher price to be a part-owner.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool