Why We Think Appen (APX) Will Have A Great Move This Week
Appen is a global leader in the development of high-quality, human-annotated data sets for machine learning and artificial intelligence. Simply, Appen is at the forefront of data collection in order to improve the different facets of artificial intelligence. Things like voice recognition, voice assistance, chat bots, and search engine improvement, etc.
The Company has been fundamentally strong with experience in this industry for over 20 years, and with another strong set of results from their first half 2017, we like this story fundamentally.
Having already made 100% trading APX in the past, we think this stock can continue to do well. The stock, having broken out of the $4.70 range last week, looks technically strong in conjunction, and we as a result we believe momentum will continue.
Let’s see how this plays out! We crown this story our Hot Stock of the Week!