Education & Training Stock Picks (LRN, ESI, DV, UTI, APOL)
We think so. Education & Training has been a huge laggard in 2012, much like the Homebuilders were in recent years. However, the "Homies" have been tearing it up in 2012 - and the Housing Market hasn't even fully recovered yet.
Here are our picks: K12, Inc. (LRN), ITT Educational Services Inc. (ESI), DeVry, Inc. (DV), Apollo Group Inc. (APOL), Universal Technical Institute, Inc. (UTI).
New regulations regarding for-profit schools and increased scrutiny have taken a toll on enrollment and revenue in the Education & Training industry.
In spite of that, fundamentally, these stocks are looking pretty good. You might get laughed out of a job interview if your degree is from the DeVry Institute, but DV did 2.09B in sales last year, and is expecting Brazil to drive its growth in the next year. DV is also on track with plans to cut costs companywide to save at least $50 million in fiscal 2013. Others in the sector are doing the same.
It may not be time to buy right this second, but it would behoove you to add these names to your radar. It's just a matter of time until we see a short squeeze as the sector recovers.
|Ticker||Company||Price||Float Short||Performance (Year)|
|ESI||ITT Educational Services Inc.||38.38||29%||-39%|
|APOL||Apollo Group Inc.||29.6||17%||-34%|
|UTI||Universal Technical Institute, Inc.||12.75||3%||-5%|
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Raoul Pal: "The Era Of Doing Nothing And Getting Paid For It Is Over" | ZeroHedge
- Oil Extends Losses After Surprisingly Large Cushing Build | ZeroHedge
- Stoeferle: Helicopter Money Coming and It Will Boost Gold Market to New Highs | Financial Sense
- "What The F**k Was That?" | ZeroHedge
- Hollande Vows "All Out War" Against ISIS After Priest Killing | ZeroHedge
- Europe’s Impossible Refugee Math: Brexit Was Mathematical Certainty Eventually | Financial Sense
- "Hope" Fades As Consumer Confidence Ignores Stock Market Exuberance | ZeroHedge
The most relevant financial news and articles from the Internets
- 11 mistakes standing between you and your first million | Business Insider
- A flower that smells like death is about... | Business Insider
- The best cosplay from this year’s San Diego Comic-Con | Business Insider
- How to land a job when you have zero connections | Business Insider
- This great smartphone will only cost you $50 — but there’s a big catch | Business Insider
- NBA center Andre Drummond had an upbeat response after being dunked on twice in a... | Business Insider
- Russian adventurer battled freezing temperatures and crazy winds to break... | Business Insider