Buying the Dip in AppLovin: Why I’m Adding at These Levels Despite the CloudX Noise
AppLovin’s shares have been hit hard by headlines about CloudX and new AI tools from big tech. Fundamentals still show substantial free cash flow, strong ROA/ROE, and meaningful upside to the 52-week high if growth stabilizes. I outline an actionable long trade with entry, stop and target, plus the key catalysts and risks that would change my view.