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ChinaCast Education (CAST): Learning to Profit

ChinaCast Education logo"In any industrialized nation, it's important for people to have post-secondary education in order to be attractive in an increasingly competitive workplace," says China stock specialist Keith Fitz-Gerald.

The editor of The New China Trader explains, "And that is just as true in China as anywhere else in the world. That's why I returned to an old favorite, ChinaCast Education Corp. (CAST), on my recent trip to Beijing.

"The firm offers accredited degree programs to approximately 32,700 traditional university students and 143,000 E-learning students throughout China.

Continue reading ChinaCast Education (CAST): Learning to Profit

Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Analyst upgrades:

  • Goldman upgraded Bed Bath & Beyond (NASDAQ: BBBY) to Buy from Neutral based on valuation and a potential margin rebound at Linens N' Things.
  • Citigroup upgraded Rockwell Automation Inc. (NYSE: ROK) to Hold from Sell on valuation and believes expectations have been reset to a reasonable level. The company's target was lowered to $27 from $33.
  • Friedman Billings upgraded shares of Ceradyne (NASDAQ: CRDN) to Outperform from Market Perform on valuation following the recent weakness and thinks the Army will move forward with a larger XSAPI procurement in FY09. The firm raised their target to $30 from $26.
  • Goldman added Wyeth (NYSE: WYE) to the Conviction Buy List.
  • Equity Residential (NYSE: EQR) was upgraded to Buy from Neutral at UBS.
  • Analog Devices (NYSE: ADI) was raised to Overweight from Equal Weight at Morgan Stanley.

Analyst downgrades:

Continue reading Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 12:18 AM

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