Cramer's Mad Money - We Don't Need No Education Stocks (3/1/12)
By SA Editor Miriam Metzinger: Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday March 1.
We Don't Need No Education Stocks: Strayer (STRA), DeVry (DV), ITT Corporation (ITT), Apollo Group (APOL), Corinthian (COCO), Career Education (CECO), American Public Education (APEI), Pearson (PSO), Monster Worldwide (MWW), Staples (SPLS), Costco (COST)
Cramer followed a suggestion from Herb Greenberg to stay away from private education stocks. The whole sector, especially Strayer (STRA), DeVry (DV), ITT Corporation (ITT), Apollo Group (APOL), Corinthian (COCO), Career Education (CECO), American Public Education (APEI), has become one bad neighborhood, and it isn't worth buying any of them, especially when one of the stronger companies, Strayer, reported a disappointing quarter. The companies need to shift their business models entirely. Increasing employment is hurting enrollment, and these stocks are facing tough regulations, need to become more selective and less aggressive about attracting students to stay accredited. Negative headlines haveComplete Story »
- Original article
- Login or register to post comments

