We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Coronavirus Outbreak to Offer Opportunities to Online Educators
Read MoreHide Full Article
Amid novel coronavirus outbreak, for-profit education stocks are expected to gain manifold as online educators are viewing shutdowns as an opportunity to increase its reach among students. In fact, many offline players are also striving to reach students who aspire to complete their courses as planned, with the help of various online education platforms.
On Mar 11, the World Health Organization declared the novel coronavirus a "global pandemic" during a press conference in Geneva. The virus is spreading so vigorously that it has infected more than 340k people in 192 countries and territories, and caused nearly 15k deaths as of Mar 23.
The pandemic has prompted administrators across the globe to implement shutdown in many states to mitigate further spread of this life-threatening disease. The United States, New York, California, Illinois, Connecticut, New Jersey and Ohio announced lockdowns to contain the spread of the virus.
U.S. Education System to Thrive Amid COVID-19 Stress
As the world struggles to contain the deadly COVID-19 pandemic, an unprecedented wave of school facility closures is pushing millions of students and tens of thousands of unprepared teachers into online classrooms. Online education had earlier proven to be a temporary support to schools closed due to natural disasters like Hurricane Katrina in 2005 and Hurricane Sandy in 2012.
Now, 124 countries have imposed nationwide school and university shutdowns, which are affecting more than 1.25 billion students, per UNESCO’s latest report. Nonetheless, the organization is providing immediate support to countries with a list of digital education tools, including digital learning management systems, apps designed for smart feature phones and software with a strong offline component.
Meanwhile, schools and universities in the United States have undertaken steps to shut down their premises to maintain social distancing. Currently, Strategic Education, Inc. (STRA - Free Report) , Universal Technical Institute, Inc. (UTI - Free Report) and Perdoceo Education Corporation (PRDO - Free Report) are cashing in on the unprecedented surge in demand for online education these days.
This apart, classroom type education providing companies, and some e-learning companies like Chegg, Inc. (CHGG - Free Report) , New Oriental Education & Technology Group Inc. (EDU - Free Report) , Instructure, Inc. (INST - Free Report) , Arco Platform Limited and K12 Inc. (LRN) are benefiting from the surge in online education demand. Among these school stocks, Strategic Education, Universal Technical, Instructure and Arco carry a Zacks Rank #2 (Buy), while Perdoceo, Chegg, New Oriental Education and K12 have a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Markedly, the Zacks Schools industry has outperformed the S&P 500 composite in the year-to-date period.
Notably, Strategic Education, Universal Technical Institute and Lincoln Educational Services Corporation have announced temporarily transition from classroom instruction to remote/distance learning. On Mar 19, Strategic Education announced that it will offer free online courses to universities, school districts, employers and the general public via its subsidiary, Sophia Learning online education platform.
Kaplan, Inc. — which is part of Graham Holdings Company — unveiled free online educational courses for select industry-recognized credentials to colleges and universities in the United States in conjugation with CyberVista.
Encouragingly, the U.S. Immigration and Customs Enforcement's Student and Exchange Visitor Program issued a new guideline on Mar 9 to remove restriction on the number of online courses for international students, thereby providing a significant opportunity for the schools stocks.
Free: Zacks’ Single Best Stock Set to Double
Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
Image: Bigstock
Coronavirus Outbreak to Offer Opportunities to Online Educators
Amid novel coronavirus outbreak, for-profit education stocks are expected to gain manifold as online educators are viewing shutdowns as an opportunity to increase its reach among students. In fact, many offline players are also striving to reach students who aspire to complete their courses as planned, with the help of various online education platforms.
On Mar 11, the World Health Organization declared the novel coronavirus a "global pandemic" during a press conference in Geneva. The virus is spreading so vigorously that it has infected more than 340k people in 192 countries and territories, and caused nearly 15k deaths as of Mar 23.
The pandemic has prompted administrators across the globe to implement shutdown in many states to mitigate further spread of this life-threatening disease. The United States, New York, California, Illinois, Connecticut, New Jersey and Ohio announced lockdowns to contain the spread of the virus.
U.S. Education System to Thrive Amid COVID-19 Stress
As the world struggles to contain the deadly COVID-19 pandemic, an unprecedented wave of school facility closures is pushing millions of students and tens of thousands of unprepared teachers into online classrooms. Online education had earlier proven to be a temporary support to schools closed due to natural disasters like Hurricane Katrina in 2005 and Hurricane Sandy in 2012.
Now, 124 countries have imposed nationwide school and university shutdowns, which are affecting more than 1.25 billion students, per UNESCO’s latest report. Nonetheless, the organization is providing immediate support to countries with a list of digital education tools, including digital learning management systems, apps designed for smart feature phones and software with a strong offline component.
Meanwhile, schools and universities in the United States have undertaken steps to shut down their premises to maintain social distancing. Currently, Strategic Education, Inc. (STRA - Free Report) , Universal Technical Institute, Inc. (UTI - Free Report) and Perdoceo Education Corporation (PRDO - Free Report) are cashing in on the unprecedented surge in demand for online education these days.
This apart, classroom type education providing companies, and some e-learning companies like Chegg, Inc. (CHGG - Free Report) , New Oriental Education & Technology Group Inc. (EDU - Free Report) , Instructure, Inc. (INST - Free Report) , Arco Platform Limited and K12 Inc. (LRN) are benefiting from the surge in online education demand. Among these school stocks, Strategic Education, Universal Technical, Instructure and Arco carry a Zacks Rank #2 (Buy), while Perdoceo, Chegg, New Oriental Education and K12 have a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Markedly, the Zacks Schools industry has outperformed the S&P 500 composite in the year-to-date period.
Notably, Strategic Education, Universal Technical Institute and Lincoln Educational Services Corporation have announced temporarily transition from classroom instruction to remote/distance learning. On Mar 19, Strategic Education announced that it will offer free online courses to universities, school districts, employers and the general public via its subsidiary, Sophia Learning online education platform.
Kaplan, Inc. — which is part of Graham Holdings Company — unveiled free online educational courses for select industry-recognized credentials to colleges and universities in the United States in conjugation with CyberVista.
Encouragingly, the U.S. Immigration and Customs Enforcement's Student and Exchange Visitor Program issued a new guideline on Mar 9 to remove restriction on the number of online courses for international students, thereby providing a significant opportunity for the schools stocks.
Free: Zacks’ Single Best Stock Set to Double
Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
See 5 Stocks Set to Double>>