Tony Sagami, editor of Asia Stock Alert, calls New Oriental Education (NYSE: EDU) – which provides English language instruction in China -- the "single best stock idea in the world."
New Oriental, he notes, recently reported quarterly results showing a 4 cent per share loss for the quarter. He notes, that while this was a 65% improvement over the same period last year, it was 1 cent profit Wall Street was expecting.
The reason for the shortfall, he observes, was that increased marketing and advertising expenses. Thus, he notes, "While all that extra spending hurt profits last quarter, it should pay off in spades down the road." In fact, he adds,
That's why revenues jumped by 29% to $24.9 million, slightly ahead of the consensus estimate of $24 million."
Meanwhile, he notes that total student enrollments in language training and test preparation courses for the quarter ending May 31 increased by 31.5% year-over-year to approximately 314,000.
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
What Happened When Alex Kenjeev Paid His Student Loan in Cash
To see Jim's favorite speculation for 2007, 

