Our Stock of the Week is Digital Turbine, Inc. (APPS). APPS offers a media software platform that enables mobile operators and OEMs to control, manage, and monetize advertising on a variety of devices. APPS uses tracking and allows for targeted advertising.

The stock has had substantial growth and is looking for continued growth in the future. In its most recent quarter, revenue jumped 324%. For 2022 the company foresees eps of $1.67 versus $0.74 in 2021, which is growth of 126%.

In the last three months, four analysts have issued buys with an average price target of $94.50. The most recent from Oppenheimer is $117 and noted that APPS is one of its top picks with a favorable valuation.

Technically the stock has been under pressure since November as growth stocks fell out of favor. The stock seems to have found some support at the $40 level but will remain volatile due to the Ukraine crisis.

As always, we will not chase the open on Monday but will be looking to aggressively trade the stock as it pulls back to support and challenges the downtrend line from the November highs.

This post is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this post. Do not buy, sell, or trade the stocks mentioned herein. We WILL actively trade this stock differently than discussed herein. We will sell into strength and will buy or sell at any time for any reason. We will actively trade into any unusual activity. At the time of this post, principals, employees, and affiliates of Shark Investing, Inc. and/or principals, clients, employees, and affiliates of Hammerhead Financial Strategies, LLC, directly or indirectly, controlled investment and/or trading accounts containing positions in APPS To accommodate the objectives of these investing and/or trading accounts, the trading in these shares will be contrary to and/or inconsistent with the information contained in this posting.