Bill Baruch says AppLovin’s pullback looks like an opportunity. He owns the name and pointed out that the quarter three forecast came in largely in line, with the big AI tailwind still fully intact. What moved the stock, in his read, was the absence of another blowout guide rather than anything breaking in the story, and costs were the pressure point in the quarter. That combination is why he sees the weakness as a chance to get involved rather than a reason to step away. For his final trade he went with Amgen, pointing to six growth drivers that he says are blowing it out of the water. The company reported the day prior and he called the move a huge breakout in the name, though he noted buyers can probably still get it a little lower from here. Watch the full discussion here.