Appen has had EPS growth 35% over the last 5 years and ?(still) has 1yr 22% 2 yr 27% forecast EPS growth and is now trading on a P/E of 35%
And it is one the only real tech growth stocks with world wide market on the ASX that pays a dividend - now 0.7% 50% franked (which is better than leaving cash stale in the bank)
Wasn't it the famous growth stock picker Peter Lynch who said if you can buy a hi growth stock above/or close to a P/E of forecast EPS growth?...
(Then do it?)
So what have I got wrong here?
Thanks
Appen Strategic Valuation, page-4
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Last
$2.79 |
Change
0.100(3.72%) |
Mkt cap ! $719.6M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.83 | $2.69 | $8.439M | 3.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 25270 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 16388 | 4 |
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| Last trade - 10.58am 15/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |