I own AppLovin #APP, with an average price of $84, I think its a great buy and hold for the following reasons.
AppLovin's AI Ad Mediation platform, AXON is a big winner.
APP stock has executed its last 5 quarters extremely well and should continue growing revenues at a CAGR of 20% and earnings over 50%.
The Company has tremendous operating leverage and is a cash gusher.
It is still reasonably priced and should give a very robust return in the next 3 years.
It's moving into other verticals besides gaming and also getting into connected TV (streaming).
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