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AppLovin's AI-driven ad platform has strong long-term growth drivers, with management guiding for a minimum of high-teens annual revenue growth. An outcome-focused revenue model positions APP well to consistently keep increasing gross margins. And there are powerful operating leverage benefits to drive EBIT margin expansion to 70% in 3 years. I really don't like how management is divesting their apps/gaming business at throwaway valuations. This decision seems hurried, which could signal risk of poor moves in future M&As.
Tech stocks are the market's engine of growth. But what defines a tech stock?
Axon Enterprise (AXON) concluded the recent trading session at $818.87, signifying a +1.86% move from its prior day's close.
AXON issues $1.75B in debt to power AI innovation, reduce dilution risk and fund global infrastructure expansion.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Axon (AXON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Axon Enterprise (AXON) closed at $794.25 in the latest trading session, marking a +1.41% move from the prior day.
KTOS lands billion-dollar hypersonics deal as AXON rides TASER and body cam growth, but rising costs cloud its outlook.
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