Wall Street’s Top 10 AI Stocks to Watch Right Now

6. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders: 95

AppLovin Corporation (NASDAQ:APP) provides a leading marketing platform powered by AI technology. On March 3rd, Benchmark analyst Mark Zgutowicz added AppLovin (APP) to the “EDM Top Ideas List,” keeping a “Buy” rating with a $525 price target.

According to the firm, the company’s AI-enhanced targeting in the gaming segment should drive persistent top-line growth as it leverages AppLovin’s technological capabilities to meet specific market demands. Revenue sources can be further diversified by enhancing e-commerce advertising offerings, while the buyback program “provides an additional layer of support that may elevate earnings per share over the medium term.”