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APPH - AppHarvest: Compelling Business Curious Valuation
February, 15 2021 03:54 PM
AppHarvest Inc.
AppHarvest plans to be the largest indoor commercial vegetable farm. Indoor farming appears to have more stable revenue and higher operating profitability with a controlled environment versus outdoor. The company would be more attractive should management stay away from debt and finance operations with equity and internal cash flow. The business model meets ESG criteria in many ways and should remain in the years ahead. Hard to gauge the valuation here, but certainly interesting. For further details see:
AppHarvest: Compelling Business, Curious Valuation
Stock Information
Company Name:
AppHarvest Inc.
Stock Symbol:
APPH
Market:
NASDAQ
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