Applied Digital (NASDAQ: APLD) is scaling AI data centers at an unprecedented pace, backed by billions in long-term contracts. I break down what must go right for margins, cash flow, and execution to unlock another massive leg higher.
Stock prices used were the market prices of Jan. 30, 2026. The video was published on Feb. 05, 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.