Perdoceo Education Corporation: A Solid Opportunity For Shareholders

About: Perdoceo Education Corporation (PRDO)
by: Modern Graham
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Modern Graham
Long only, Deep Value, special situations

Confluence of events will lead to sharply higher earnings and share price.

Management has consistently downplayed future estimates and is now revising expectations upward every quarter.

The stock traded down for no reason at all, and is now rebounding, creating an excellent buy opportunity.

This week, Career Education Corporation changed their name to Perdoceo Education Corporation (NASDAQ: PRDO). This is the culmination of a 5 year long transformation of the business, first announced in May 2015.

The business