The Google of Education?
Last week, Cramer put all the online-education companies in the Sell Block: Apollo Group , Corinthian Colleges , ITT Education , Career Education . These stocks, which offered one of the market’s few secular growth opportunities, had become too popular, so it was time to take profits.
Well, on all but one, that is. Cramer recommended holding onto American Public Education as a speculative play. He liked the military exposure. Eighty percent of APEI’s student body is either military or military-related, and the company tailors its programs to better suit soldiers’ often mobile lifestyles. APEI’s a cheaper alternative to bricks-and-mortar schools, and even still, the military isn’t cutting student aid the way many corporations are. Plus, the new GI Bill offers even more help should soldiers need it.
APEI is up 13% since Cramer’s Jan. 9 call, and he wanted to know if the stock was still a buy. He invited CEO Wall Boston on Mad Money to find out. Could this company become the next Google of education? Watch the video.
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