15 Buzzing AI Stocks Making Headlines

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10. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders: 51

AppLovin Corporation (NASDAQ:APP) is a leading marketing platform powered by AI technology. On November 25, Oppenheimer analyst Martin Yang raised the firm’s price target on AppLovin Corporation (NASDAQ:APP) to $480 from $260 and kept an “Outperform” rating on the shares. The company uses its AI-powered Axon engine to optimize ad delivery and targeting, enhancing the effectiveness of its e-commerce initiatives. The buy rating comes after the firm spoke with two experts who participated in the company’s e-commerce pilot. The experts shared positive feedback, highlighting that Applovin’s return on ad spend (ROAS) is on par with Meta‘s. The recent stock performance and e-commerce momentum are expected to drive further growth for the company in 2025. For all of these reasons, AppLovin Corporation (NASDAQ:APP) is one of the firm’s top picks.

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