Geo Group recently touched a multi-year bottom of $31.00. Following that they announced the reopening of a250 bed facility in California and a dividend of .57/q. The aggregate analyst target is $41.00. I am a little more conservative.
They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a few other countries. Cash flow is solid and steady; debt is manageable. If you're an economic bear (not that I am) then here's a safe play - when times get rough crime rises. If you're an economic bull (not that I am) then here's a multibillion dollar company near multi-year lows, which is a rare find in the market right now.
I like a slow and somewhat volatile 20% ride to about $37.10. Pop a stop loss at $30.00. Just over $5 up to only $2.50 down.
They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a few other countries. Cash flow is solid and steady; debt is manageable. If you're an economic bear (not that I am) then here's a safe play - when times get rough crime rises. If you're an economic bull (not that I am) then here's a multibillion dollar company near multi-year lows, which is a rare find in the market right now.
I like a slow and somewhat volatile 20% ride to about $37.10. Pop a stop loss at $30.00. Just over $5 up to only $2.50 down.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.