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XRS 12.91 strong earnings last report plus close to 4% dividend and this yesterday after the close from IBD: Two Education Stocks Are Forming Bases

By JUAN CARLOS ARANCIBIA, INVESTOR'S BUSINESS DAILY

Posted 09/12/2013 05:49 PM ET


As the major indexes come out of their mild correction, several stocks in Your Weekly Review are shaping bases that could provide the next opportunities for growth investors.

Two education companies are among them. Grand Canyon Education (LOPE) is less than a point away from the 37.27 buy point of a base-on-base pattern. The Christian-based college's operating earnings slowed to 15% in Q2, following increases of 41%, 35% and 34%.

TAL Education (XRS) is shaping a flat base with a buy point at 13.44. The Chinese provider of tutoring services has uneven earnings. EPS rose 44% in the May-ended quarter. Revenue ranged from 14% to 32% the past four quarters.


Read More At Investor's Business Daily: http://news.investors.com/investing-your-weekly-review/091213-670821-weekly-review-stocks-form-bases.htm#ixzz2emA1Yx3z
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