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New Oriental (EDU): Educated gains in China |
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| Nov 25, 2008 03:55 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, China, Newsletters, Stocks to Buy "China places high value on education, making New Oriental Education & Technology Group (NYSE: EDU) somewhat defensive in a growth-stunted economy," says Chris Rowe. (Incidentally, we reviewed two U.S. education stocks in a post yesterday.) Meanwhile, in The Tycoon Report, Rowe explains, "We believe a slowing global economy will have minimal impact on the education sector in China." Here's his review of this firm, which operates English language schools. "New Oriental Education is a rapidly growing company that provides private educational services to over 1.3 million students via 207 school centers, primarily in the People's Republic of China. They help privately prepare Chinese for admission tests to foreign universities emphasizing English. "It offers its program, service, and products in six areas: language training; test preparation; primary and secondary school; educational content, software, and other technology development and distribution; online education; and other services and products. "I consider the stock to be somewhat defensive in a growth-stunted economy. And while you may be able to make large short-term profits on this stocks, the goal in this recommendation is to be very long-term holders. Continue reading New Oriental (EDU): Educated gains in China New Oriental (EDU): Educated gains in China originally appeared on BloggingStocks on Tue, 25 Nov 2008 10:55:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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