Seeking Alpha

Career Education (CECO +4.2%) shares have slid 20% YTD as student enrollment trends worsen, but...

Career Education (CECO +4.2%) shares have slid 20% YTD as student enrollment trends worsen, but BMO Capital is ready to call a bottom. The firm says the stock closed Friday near CECO's cash and investments balance, and given expectations the company will generate positive free cash flow and buy back stock, BMO believes further downside is limited.
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