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Analyst Says Buy the Dip in APOL, APEI, EDMC, BPI or LOPE Amid Sell-Off in Career Education (CECO)

November 2, 2011 11:47 AM EDT
Get Alerts CECO Hot Sheet
Price: $23.83 +2.85%

Rating Summary:
    7 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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While a number of Education stocks are trading sharply lower Wednesday morning on the heels of CEO resignation news and Q3 results from Career Education (Nasdaq: CECO) last night, several stocks are outperforming as William Blair's Brandon Dobell has suggested buying on the weakness.

The analyst likes shares of Apollo (Nasdaq: APOL), American Public Education (Nasdaq: APEI), Education Management (Nasdaq: EDMC), Bridgepoint Education (NYSE: BPI) and Grand Canyon Education (Nasdaq: LOPE).

Dobell downgraded shares of Career Education by two notches from Outperform to Underperform earlier. The stock is currently down more than 40 percent.


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