Devry (DV) – 03-04-2010
A long time ago, when I was an intern, they started building a Devry next to my company. “Who actually goes to Devry?” I snickered. “I went to Devry,” said a sheepish senior coworker. I learned to watch what I say that day, but I also learned that Devry is a decent option as what I consider a white collar vocational school, if that makes sense.
When unemployment is over 10%, you have a lot of people trying to figure out how to make themselves stand out to employers. You also have people forced into contemplating career changes. Sounds good for schools that are fast and cheap, right?
DV had a breakout earlier in the year, and is just starting to run again. It’s not really at a buy point right now, but this is one of those group watches. APEI, CPLA, STRA, etc. are all stocks with nice earnings in a similar vein. I’m just partial to DV since I have some history with it.