EDUCATION STOCKS: APOLLO (APOL), CORINTHIAN COLLEGES (COCO), CAREER EDUCATION (CECO), DEVRY (DV), AND ITT EDUCATIONAL SERVICES (ESI)
Apollo Group (APOL), Corinthian Colleges (COCO), Career Education (CECO,) DeVry (DV), and ITT Educational Services (ESI) are higher today on the Department of Education rules being less onerous than expected. The companies also get more time to comply with the rules. In the near term, PE multiples are