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Cornell Corrections Inc.

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September 29, 2008 | Comment(s): 0
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CRN
Cornell Corrections Inc. (CRN) share price is holding up well in a volatile economic environment.

This Zacks #1 rank stock's sustained price strength comes on the heels of higher analyst estimates. The current-year estimate stands at $1.40 per share, up from $1.29 60 days ago. The next-year estimate stands at $1.64 per share, a 17% earnings growth projection.

Cornell has surprised and beaten analyst estimates in each of the last four quarters, having done so by an average of 5 cents, or 15%, a testament to the company's ability to produce steady results in a choppy market. Take a look at the chart below.

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CF Industries Holdings, Inc. (CF - Analyst Report) is operating in a very hot segment of the market but still retains extremely attractive valuations, trading at a steep discount to the overall market. The analyst community is bullish on the long-term prospects of CF, with the next-year estimate projecting 31% earnings growth. Read full Analysis.

Read the full analyst report on CRN

 

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