Corinthian Colleges Inc. (COCO) — This company, operates as a post-secondary educator in the United States and Canada, and offers a range of diploma programs and associate’s, bachelor’s, and master’s degrees. It is in a bull market.
The stock bottomed below $6 in January 2008 and since then broke through a triple-top at $16 and ran to almost $22.
In recent trading sessions, the stock pulled back on profit-taking, giving both long-term investors and traders an opportunity to take positions.
Traders may want to buy shares of COCO now with a target of $30. But long termers may position this stock as a leader in the education sector.
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