Stockchase Opinions

Kyle McKay Corecivic Inc CXW-N TOP PICK Mar 09, 2004

The largest owner/operator of corrections facilities in the US. Running at about 95% capacity. Recently won a contract with Arizona. Expects more privatization of jail facilities.
$35.380

Stock price when the opinion was issued

investment companies funds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
The stock has been on an uptrend. He sees an unbalanced line on the charts. He believes people are selling. Recommends buying on the break-out.
BUY ON WEAKNESS

His model price is $40.44 and it closed at $30.24 giving it a 33% upside. If there was a pullback to $26 he would be a buyer. Dividend yield of 7.07%.

BUY

He owns a lot of this and is continuing to hold it. This is not only federal contracts, but they have a lot of state contracts. This has had a dramatic run up. The dividend looks increasingly safe.