Company/Stock Description = APP monetizes mobile advertiser content with their own software platform.
Current Price = $84.71
Number of Earnings Beats in the past 4 Quarters = All Four
One Year Return = 112.57%
Five Year Return = 21.01%
Industry Health and Future = .Growing rapidly and handily beating earnings estimate so far, APP is a leader in mobile advertising.
Trailing PE Ratio = 51.03
Forward PE Ratio = 19.53
Great Business Feature = Auctions for publishers inventory.
Verdict and Price Target = APP is like a young wide receiver that suddenly catches fire after playing a few seasons.Yes, a Pro Bowl nod is likely but the player is just getting warmed up! If App continues its strong momentum with earnings growth on high margins, it could definitely develop into a monster. Thus, giving a near term top end price target between the range of $120 to $150.
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