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 $19.83 as of September 17th. APLD’s forward P/E was 526.32 according to Yahoo Finance.

Applied Digital (APLD) has rapidly transformed from a speculative small cap into a serious player in AI infrastructure, with its stock price surging from about $3 in April to...





