There are a number of shares on the ASX that could be great options for investors in April.
But which ones should you buy ahead of others? Two ASX shares that are highly rated are listed below. Here’s what you need to know about them:
Appen Ltd (ASX: APX)
The first ASX share to look at is Appen. It provides high-quality training data through its leading technology platform, managed services, and global crowd to power artificial intelligence (AI) globally.
In respect to its global crowd, Appen has over one million skilled contractors globally in its crowd. This covers 235+ languages in 170+ countries, giving Appen the ability to work with companies all over the world.
Positively, with spending on AI expected to increase materially over the coming decades, Appen looks well-placed for growth over the long term. Especially giving its leading position in the data preparation industry.
Ord Minnett is positive on the company. It currently has a buy rating and a $24.75 price target on its shares.
Pushpay Holdings Group Ltd (ASX: PPH)
Another ASX share to consider buying is Pushpay. It provides a donor management system, including donor tools, finance tools and a custom community app, and a church management system (ChMS) to churches located predominantly in the United States.
Its industry leading solutions simplify engagement, payments, and administration, allowing users to increase participation and build stronger relationships with their communities.
Pushpay has been a strong performer in recent years and is expecting further strong growth in FY 2021. Management’s guidance for full year operating earnings is US$56 million and US$60 million, representing a 123% to 139% increase year on year.
Analysts at Goldman Sachs are positive on the company. They have a conviction buy rating and $2.59 price target on its shares.