On Mar 11, Zacks Investment Research upgraded
Apollo Education Group Inc.
) to a Zacks Rank #1 (Strong Buy). Apollo's share price has been
on an upswing following the release of its online learning
platform, Balloon, on Mar 4.
Why the Upgrade?
Apollo Education's wholly-owned subsidiary, Apollo Lightspeed
recently launched Balloon, an online career skills and learning
platform. . Balloon is the first global technology marketplace
that features a catalogue of over 14,000 technology and training
programs from various education providers and a database of over
146,000 career listings. It helps to bridge the gap between
career-seekers' skills and employers' talent needs.
Balloon understands the knowledge and skill requirements of
employers from 25 leading technology companies. It helps
students to opt for the right online programs that make them
eligible in the skilled labor market. Balloon connects technology
companies with students seeking career oriented programs.
Apollo's enrollment trends are likely to benefit from this recent
Apollo has been implementing several measures to revive its
enrollment trends. In Dec 2013, the company agreed to acquire 70%
of the outstanding stock of Open Colleges Australia Pty Ltd (also
known as Open Colleges). The acquisition will allow Apollo Global
to access the growing education market in Australia and focus its
resources in the high-potential international education market.
This will result in further improvement in enrollment in the
Other Stocks to Consider
Investors interested in the education sector can also consider
Strayer Education Inc.
New Oriental Education & Technology Group
TAL Education Group
). While Strayer Education and TAL Education sport a Zacks Rank
#1 (Strong Buy), New Oriental Education has a Zacks Rank #2
APOLLO GROUP (APOL): Free Stock Analysis
NEW ORIENTAL ED (EDU): Free Stock Analysis
STRAYER EDUC (STRA): Free Stock Analysis
TAL EDUCATN-ADR (XRS): Free Stock Analysis
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