Fundamentals:
GEO GROUP (Mkt Cap 2.003B). Earnings grew by 14.8% over the past year, currently trading well below fair value. Annual earnings growth over the past 5 years 2.7%. Over the past year earnings growth, 14.8% exceeds its 5-year average. Insider Trading: Founder of GEO recently bought 515,000 shares ($8.5m)
Technicals:
During early morning session today GEO knifed through its 200 period moving average (monthly). A break above trendline resistance (1) (18.00 handle) is where I will be looking to go long on this one. With a stop below trendline support (2).
Medium to Long Term outlook.