APLD as a Great Hold Amid Rapid Run-Up

6 days ago

"APLD has been a favorite since its low of $453 and went on a beautiful run to $40.20 at highs. However, our price target posted earlier at just over $93 for 2028 seems too far away after its rapid climb. I see the longer-term, bigger picture and believe it has the potential to more than double over the next few years, but for now, it's a great hold rather than the best deal in the market."

The speaker discusses APLD's impressive run from its low and notes that its rapid climb has brought it too close to its long-term price target, making it a hold rather than an immediate buy. Long-term potential remains intact, but short-term expectations are tempered.

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