GEO Group (GEO): A 'steal' in for-profit prisons - Steven Halpern

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GEO Group (GEO): A 'steal' in for-profit prisons
Aug 05, 2009 03:50 PM UTC

Steven Halpern

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"With state governments going bankrupt, the last thing bureaucrats want to do is spend precious resources on managing their prison systems," explains growth stock expert Marc Lichtenfeld.

The senior analyst for Xcelerated Profits Report suggests, "For-profit institutions are usually able to provide prison services more efficiently than the government can. And there's one company that stands out -- The GEO Group (NYSE: GEO)."

"Nearly two-and-a-half million people are behind bars in American prisons. The U.S. incarceration rate is five times higher than the world average and the U.S. prison population is still rising.

Continue reading GEO Group (GEO): A 'steal' in for-profit prisons

GEO Group (GEO): A 'steal' in for-profit prisons originally appeared on BloggingStocks on Wed, 05 Aug 2009 10:50:00 EST. Please see our terms for use of feeds.

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