Inside the Rope with David Clark cover image

Ep 48: Phil King – A great time to invest

Inside the Rope with David Clark

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How to Get Comfortable With Cash Flows in Two to Three Years Time on Appen

The many cyclical stocks in Australia and I think stocks that rely on the economy for earnings growth can disappoint. There's probably been more value traps in Australia over the last six months than I've seen in a long time where something like Appen is one of them. The company has established themselves as the go-to for their machine learning and their specialty as well as speech recognition. They're in a very strong spot and their growth is almost accelerating at the moment. A few years ago they took out one of their large competitors, which helped to diversify their customer base.

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