Two Chinese School Stocks Trade Near Buy Points

By | December 2, 2013

Scalper1 News

Three for-profit education stocks have been steady players in recent IBD 50 lists. Two are based in China. One is in Phoenix. New Oriental Education & Technology (EDU) launched the week with a 6% surge, throttling back to a 1% gain by the end of Monday’s session. After a vast expansion, the largest provider of private education in China says it is in “harvest” mode, managing and trimming operations at its 713 facilities in order to lift profits. Scalper1 News

Scalper1 News