“Why We're Hedging AppLovin's 80% Margins”
Take a position in Unity Software as a complementary hedge due to accelerating revenue/margins, strong FCF, and AI flywheel potential.
Unity Software. It's been about a year since we talked about Unity Software.
Let's talk about more what could go wrong, and I think we're gonna take a position again in Unity Software. It's been a year and a half since we covered it, but let's just run this through some of our tools.