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Non-Tech : COCO-An educational opportunity?

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From: JakeStraw1/25/2010 9:52:57 AM
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Corinthian Colleges (COCO) hasn't gotten much love from investors even as it has surprised on estimates 4 quarters in a row. The higher education company which offers associates, bachelor's and master's degrees in a host of areas, has seen explosive growth during the recession as people return to school to train for new careers.

Corinthian Colleges has a PEG ratio of just 0.35. In fiscal 2010, Corinthian is projected to grow earnings by 87%. Growth isn't expected to be limited to just this year as analysts see 5-year earnings growth of 24.09%. The Zacks #2 Rank (buy) stock is trading with a forward P/E of just 8.5.

You can see the recent weakness in the stock in the 1-year chart below.


zacks.com
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