Applied Digital (NASDAQ:APLD) has become one of the more volatile AI infrastructure stocks in the market. The latest Polaris Forge milestone supports the bull case, but the stock’s premium valuation means investors still need proof that execution can continue at larger scale.
Stock prices used were the market prices of July 8, 2026. The video was published on July 16, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.