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Career Education Corp Valuation Analysis: Update

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Rupert Hargreaves
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One of my favorite value-turnaround plays, Career Education Corp. (NASDAQ:CECO) recently reported full-year and fourth quarter 2013 results that beat Wall Street expectations. However, aside from beating Street expectations, these results showed that Career's management is making solid progress in bringing the company back to health, underlining the company's recovery potential.

Career Education Corp Valuation Analysis: Update

I first picked up Career Education Corp. (NASDAQ:CECO)'s turnaround story in October of last year, when the company's shares were trading at around $3.10. Since then, Career has announced a game changing deal to...

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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