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Is Applied Digital Stock a Buy Now?

TheMotleyFool

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Is Applied Digital Stock a Buy Now?: https://g.foolcdn.com/editorial/images/853807/gettyimages-1809660148.jpg

As a developer and owner of artificial intelligence (AI) data centers, Applied Digital (NASDAQ: APLD) is literally at the center of the AI boom.

In 2025, Applied Digital was one of the top stocks, returning about 221%. This year, it has already gained a staggering 41% as of Feb. 3, trading at more than $35 per share.

In a span of just 13 months it has been a five-bagger -- increasing roughly fivefold from around $7 per share at the start of 2025.

Source Fool.com

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