Career Education Soars 57% Days After We “Suggested” It; Still More Upside

Rupert Hargreaves

Published onOctober 25, 2013

Updated on May 13, 2021

I recently flagged Career Education Corp. (NASDAQ:CECO) as a 'deep value' stock that was trading below the value of its cash balance. However, Career made a huge announcement after the close on Thursday that has completely changed the company's outlook. Furthermore, based on the figures coming out of this deal, Career Education Corp. (NASDAQ:CECO) appears to be worth much more than I originally predicted.

Table of Contents

Career deal to sell its European education properties

The company revealed on Thursday that it had inked a deal to...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Career Education Soars 57% Days After We “Suggested” It; Still More Upside

Career deal to sell its European education properties

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