Bridgepoint Education (BPI) stock looks like a roller coaster. After getting creamed last summer, the stock is now showing signs of coming back. If BPI can earn a P/E of 12 this stock could go from $20 to $30 this year.
Earnings season is upon us, now its time to see if our stocks truly deserve the gains they made during September. Here’s my take on each at-bat. Leading off is Apple (AAPL) .
Bridgepoint Education (BPI) passed the Department of Education’s test — now its time for investors to take notice. Although BPI’s down-and-out, it could be worth double what its selling for now.
Left: BPI’s P/E of 7 and estimated Long Term Growth Rate of 25% a year give this stock huge upside potential.
Catalyst Health Solutions (CHSI) just pulled off a coup, buying Walgreens’ pharmacy benefit business. Customers will rise from 7 million to 18 million — but profits estimates didn’t jump. Where’s the beef? All I see here is bun.
My new BFF has a boomin BODY.
Today I will sell Cognizant Tech. Solutions (CTSH) and Bridgepoint Education (BPI) and buy Body Central (BODY) in the Growth Portfolio. I like BODY so much that it will also replace Express Scripts (ESRX) in the Aggressive Growth Portfolio.
Chipotle (CMG) has gone from $85 to $285 in just five quarters. The P/E of 42 makes the stock expensive. You could say the run is almost over, but solid same store sales growth could push the stock even higher.
I updated my charts on Deckers (DECK) yesterday — there’s a lot of positives — and as I write this article today the stock is breaking out. Deckers stock has legs.
Cognizant Technology Solutions (CTSH) has had an almost-perfect decade, as the ten-year chart shows. But 2011 profits are expected to rise 15% and the stock is moving up like a 40% grower. This shouldn’t be happening.