Top U.S. technology stocks poised for growth amid election volatility [Globe and Mail, The (Toronto, Canada)]
Applovin Corporation - Class A (APP)
Company Research
Source: Globe and Mail, The
In the run-up to U.S. presidential elections, the technology sector often faces increased volatility owing to uncertainty around potential changes in regulatory and tax policies. Despite these risks, tech stocks have historically performed well, as seen in 2020 when the sector surged because of pandemic-driven demand for digital services. Similarly, the tech sector rallied before Donald Trump's 2016 election. Republican wins are generally viewed as favorable for deregulation, while Democratic victories may bring tighter scrutiny on data privacy and monopolistic practices. Nevertheless, long-term growth drivers like cloud computing, AI, and semi-conductors are expected to help maintain the sector's resilience, regardless of the election outcome. This week, we focused on the technology sector to highlight top U.S. tech stocks with strong Trading Central Quantamental momentum and growth factor ratings, and which are demonstrating upward trends in both price and earnings. The screen
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News
- The Zacks Analyst Blog Highlights AppLovin, Duolingo, Paramount, Twilio and Catalent [Yahoo! Finance]Yahoo! Finance
- AppLovin to Announce Third Quarter 2024 ResultsBusiness Wire
- AppLovin Stock Gains 228% YTD: Should You Buy or Wait for a Dip? [Yahoo! Finance]Yahoo! Finance
- AppLovin Corporation (APP) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- AppLovin (NASDAQ:APP) Stock Skyrockets 242% on Growth and AI Potential [Yahoo! Finance]Yahoo! Finance
APP
Earnings
- 8/7/24 - Beat
APP
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/13/24 - Form 144
- APP's page on the SEC website