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$28.03 0.09 (0.32%)
7/3/2008 1:00 PM

Scholastic Corp (SCHL)

CAPS Rating:
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A children's publishing, education and media company, which creates quality educational and entertainment materials and products for use in school and at home, including magazines, children's reference and non-fiction materials, film, videos and toys.

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Avatar angusthermopylae (63.51) Submitted: 5/20/08 10:56 AM : Outperform Start Price: $29.67 SCHL Score: 5.39

May drag along a little, but then it will jump up because of the new school year.

This is one of my "cyclic" stocks. I don't necessarily by for market, but because of their business cycles. Schools are beginning to put in orders for next year's textbooks, so this will reflect in the next couple of quarters.

Of course, I realize that buying/selling this way assumes that there is nothing wrong with the underlying business, and that economic conditions won't kill the company (or their expected earnings)....meaning "your mileage may vary."

But, without the Potter books, this should be a fairly safe, predictable stock for the next 6-12 months. After that, it's just a matter of what happens with No Child Left Behind.

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