AppLovin Corporation (APP)

The quarter was very strong with very good growth and exceptional margins. Buybacks continue and EPS growth of more than 50% is expected next year. The net margin here is the highest we have seen. Its rule of 40 (sales growth and net margin) is well north of 100. The numbers are so good many investors simply do not believe it is possible. The biggest flag in the quarter was a big reduction in R&D expenses. This may catch up to the company down the road, but right now it is truly firing on all cyclinders. We like it, but it is a stock that can swing $100 in a week, and not for everyone, cleary. But we think it is going to go higher. The short sellers have gone quiet, and the short position is only 4.1% today. 
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Is sideways for several months. They report in early August; see what the revenue growth slowdown will be, which the market expects to slow. Is high beta.

Helps companies advertise on mobile videogames. Their software and AI solutions are untouchable; they basically have no competition. Growth is super, generating $10 billion two years ago and is now $120 billion. Yes, is richly valued, but still a buy.

Is -18% so far this week. If you hold it, ask what is the journey in your ownership of this stock. He entered this at $76 last summer. They had a parabolic move and obviously, he's unhappy with the recent downward move. It reported Feb. 12, made a new high on Feb. 13, then unwound after that. He predicted institutional selling, which is happening now. Rising volumes may lead to a near-term bottom, and will likely go sideways.

A great quarter with remarkable revenue growth that will continue.

Is about to take out its all-time high from December. Recommended it before.

It's keeping going up from momentum.

It sank over 14% because the street expected it to join the S&P, something many traders were gambling on. An early-stage e-commerce play that could be wildly successful. They're so good with their mobile-gaming technology that they're going all in with videogame ads through free videogames. There could be something big here.

Earnings of $430 million, beating the $319 million projected. It has a loved AI platform. Shares are up 612% this year.

It will join the Nasdaq. They have 1.4 billion users, a massive base, so it will be around for years to come. They are involved in advertising for apps. Beware: this is a highly volatile stock.

Great run, and that's when you have to be careful that you're not chasing a stock at its highs. Could pull back. If you look at a chart, sometimes you see an upward trajectory and then a major push up at the tail end ("too good to be true"). And that's where this stock is.

He has no problem owning, stock's in the right sector, but would want to buy at 10-15% discount from today.

Rounded bottom, with pullback would recommend investing. 

At a 52-week high, but he sees more upside to the November high of $111.

They had a great quarter.