Applied Digital Stock Could Soar Once Again If This $7.5 Billion Deal Pays Off
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Applied Digital (NASDAQ: APLD) has secured a $7.5 billion hyperscaler deal, boosting its contracted revenue to over $23 billion. Despite the positive outlook, concerns arise from the stock's recent rally, increasing debt, and execution challenges. The Motley Fool's Stock Advisor has identified 10 top stocks for investment, excluding Applied Digital, which may impact investor decisions. The report highlights the potential for significant returns from other stocks, contrasting with APLD's current standing in the market.
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