Undervalued Data Center Play with APLD

2 months ago

"Apply digital, ticker symbol APLD. Data center compute demand is not going anywhere but up in my view, but APLD stock has been sold off so aggressively, it's ridiculous. I believe the bears are simply wrong here, and I believe there's going to be a big arbitrage opportunity soon. We screamed it as a buy last time short sellers dumped on it. At the time, the stock was at $453, an obvious buy, and now we're back in the low 20s with the same narrative repeating."

The speaker argues that APLD is attractively undervalued despite a steep sell-off, dismissing bearish sentiment and emphasizing the strong underlying demand for data center compute capacity. The recommendation is to capitalize on what is seen as an arbitrage opportunity as the stock rebounds from its current low levels.

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