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The Company, through its wholly owned subsidiaries operates as a system of degree-granting, career-oriented higher education schools and a training firm.
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tenmiles (100.00) Submitted: 11/21/07 7:37 PM : Start Price: $51.43 DV Score: 6.85
Career education stocks have held up well of late, but at 30x forward earnings, Devry trades at roughly a 25% multiple premium to the industry as a whole and has little margin for error at the $51 level. Technically, it appears to be setting up for intermediate pullback - seller here, expecting 7-10 pt drop within two quarters.
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