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Appen (APX)

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Appen (APX)

Hi James and team. What is your long term view on Appen given today's slamming? Thanks Rob

Answer

Hi Rob,

We touched on our technical  view for APX in Fridays AM Note and that opinion is available on the APX Stock page (click here)  but a long-term view is very hard to derive for this AI business. The current business model is very labour intensive for a tech business which questions where its valuation should be priced, however into current weakness we like the risk / reward but are watching its business evolution very carefully.

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Appen Ltd (APX)
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