Jeff Parent B. Eng. FCSI CIM
Career Education Corporation
CECO-Q
TOP PICK
May 31, 2018
This company provides adult education. It is in a turnaround phase. They have been through turmoil, but now it looks solid. He would use $14 as a reduce point and $13 as an exit with a 50-day moving average as a trailing stop. Yield 0%. (Analysts’ price target is $19.00)
(A Top Pick May 31/18, Up 11%) He should have sold this earlier and he is back close to his entry point. His stop-loss if $15.60. He thinks a break towards $18-$20 is possible.
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This company provides adult education. It is in a turnaround phase. They have been through turmoil, but now it looks solid. He would use $14 as a reduce point and $13 as an exit with a 50-day moving average as a trailing stop. Yield 0%. (Analysts’ price target is $19.00)