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Applied Digital Corporation (APLD): A Bull Case Theory

We came across a bullish thesis on Applied Digital Corporation on Value investing subreddit by GloriousLebron. In this article, we will summarize the bulls’ thesis on APLD. Applied Digital Corporation's share was trading at 19.83asofSeptember17th.APLDsforwardP/Ewas526.32accordingtoYahooFinance.WesternDigitalCorporation(NASDAQ:WDC)PositionedforGrowthasAIDataDemandSurges,AnalystsMaintainOutperformRatingwith19.83 as of September 17th. APLD’s forward P/E was 526.32 according to Yahoo Finance. Western Digital Corporation (NASDAQ:WDC) Positioned for Growth as AI Data Demand Surges, Analysts Maintain Outperform Rating with 85 Price Target Applied Digital (APLD) has rapidly transformed from ...