Calendar

Career Education (CECO) All The Rage!

Posted On : December 21st, 2011 | Updated On : December 21st, 2011

In the video below, I explain my latest pick Career Education (CECO). UPDATE: Let's sell our position in Career Education for a 5% loss. Remember, cut your losers short and let your winners ride. An institution purchased some 650,000 shares last month. The company has over $500,000 in cash. Analysts are forecasting that Career Ed is poised for growth for the first time since 2005. Brandon Dobell of William Blair & Co. in Chicago estimates revenue will rise 1% this year to $1.73 billion and jump another 11% in 2010 to $1.93 billion. He figures more school closings will keep full-year earnings down, falling 16% to 56 cents a share in 2009. But profits will triple in 2010 to $1.68 a share, he predicts. “The potential for upside in both student enrollments and profit margins at Career Education is quite high,” Mr. Dobell said. “Expectations are high for the entire for-profit education sector, in fact.”

[youtube c11i4GOiCOI]
Everybody always wants to steal the charting software I use in my videos. Click here to find out how to get your greedy hands on it :)

Posted in : stock trading
« »

Comment:

"I have been trading for 8 months, I have learned more in my first day here in chat than I have in the last 8 months!" Create Your Fortune By Making One Smart Trade A Week With JB!