10 Best Fast Growth Stocks To Buy Now

5. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Investors In Q1 2024: 51

TTM P/E Ratio: 49.49

AppLovin Corporation (NASDAQ:APP) is a mid sized software company headquartered in Palo Alto, California. It serves the needs of the advertising industry. The average of 17 one year analyst share price targets for AppLovin Corporation (NASDAQ:APP) is $93.52 and the average share rating is Buy.

By the end of this year’s March quarter, 51 out of the 933 hedge funds profiled by Insider Monkey were AppLovin Corporation (NASDAQ:APP)’s stakeholders. The one with the biggest stake was Rajiv Jain’s GQG Partners. It owned 22.6 million shares that were worth $1.5 billion.

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