10 Best-Performing S&P 500 Stocks in the Last 2 Years

Page 9 of 9

1. AppLovin Corporation (NASDAQ:APP)

On March 2, Investing.com reported that Bank of America has named its top picks across the internet and e-commerce sector for the first half of the year. The bank identified companies that it believes are well-positioned for growth through AI exposure, operational enhancements, and market share increases. AppLovin Corporation (NASDAQ:APP) has been identified as an AdTech pick by analyst Omar Dessouky, who highlights an appealing risk/reward position.

The company’s eCommerce advertising platform is creating a second growth curve alongside its mobile gaming ads franchise. Additionally, earlier third-party data points indicate accelerated market presence and a broadening merchant base.

Earlier on February 12, Benchmark maintained a Buy rating on AppLovin Corporation (NASDAQ:APP) with a price target of $775. This reaffirmation came after the company’s Q4 2025 results, in which it delivered revenue of $1,658 million, reflecting 66% YoY growth and 18% sequential growth. The company’s $1,399 million adjusted EBITDA was up 82% YoY, exceeding consensus by approximately 5%.

AppLovin Corporation (NASDAQ:APP) is a California-based company that provides software platforms for developers to enhance the marketing and monetization of their content. Founded in 2011, the company operates through two segments: Advertising and Apps.

While we acknowledge the potential of APP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APP and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.

Page 9 of 9