Simon Thompson 

Playing an earnings upgrade cycle

Simon Thompson

Simon Thompson

Annual results from Aim-traded IXICO (IXI:68p), a London-based company that uses proprietary artificial intelligence (AI) software algorithms to analyse images from brain scans were materially better than I had anticipated when I recommended buying the shares, at 33p, in the summer ('Alpha Report: Simon Thompson spies opportunity in cutting edge technology', 23 July 2019). Having upgraded his earnings forecasts twice since then, analyst Chris Donnellan at house broker Cenkos Securities has done so again on the back of the latest results, highlighting the ongoing strong momentum in the business.

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