Corrections Corp of America (NYSE:CXW)

If their lobby succeeds in getting at least SOME stiffer sentencing for non-violent crimes, they stand to gain a much greater number of better "employees". Reminds me of the Chinese model of building factories near prisons......

Corrections Corp looks like its going to convert to a REIT. Although, it failed spectacularly when it did the same in the past and saw it's stock fall toward $1, the landscape and regulations are different this time around. I think this move will ultimately be a win for stock holders. The stock was down 6% last Friday (2/8/2013) so I think this is a good time to snap up the stock.

This is a bet against the US government. US incarcerates way too many people.

Bad Boys, Bad Boys, whatca ya gonna do when they come for you?

read a good article about CXW in barrons, I'll green thumb it on that.

Tracking TMFDeej pitch.

Low P/E + business that's high in demand = green score : )

CXW has several trends working in their favor. An Increasing population means more prisoners. The last census showed most of the growth was in the south and west where CXW has most of its operations. Also, budget conscious governments will look to private prisons to save money. They also say they pay unemployment taxes which will decrease if the number of claims decrease which should happen eventually. Add that to the already overpopulated prisons and CXW looks like a buy.

Basically part of a duopoly--the other being GEO, Except CCA's got excess beds in its inventory waiting to capitalize on the problems states are facing, namely prison overcrowding and pension problems.

Private prisons are a great way to fix budget defecits (because they cost less to build and operate), create jobs, solve the problem of overfilled public prisons, and according to the Department of Justice improve the quality of prisons. CXW is the best of all the companies, since it is the biggest company, because it provides the best quality care and because they have the highest profit margin. I wrote a whole article about CXW, and why i reccomend it as a buy on my blog. Feel free to read the article by clicking this link: http://teenstockadvisor.wordpress.com/2010/11/30/corrections-corporation-of-america-cxw/

increased busines

Something about this industry rubs me the wrong way. Somehow this is worse than war profiteering since these companies profit from causing pain, misery, and starvation.

This is not just a company that owns private prisons, but also the owner of TransCor, the largest prisoner transport company in the U.S. Do you realize how many fugitivies get picked up hundreds and thousands of miles from the area of the original crime? How do you think they get back to that place after being apprehended?

Because you guys said so...

This is a macro bet; CXW is the largest public prison operator in the US and we have a huge backlog in new prisons. Given the budget troubles of virtually every state in the union bad news may be in the cards in the short term for this company, but it has already been hit hard and is attractively valued for a long term outperform.

Heck, a lot of my friends are in prison.

These states need the extra beds, they are just trying to hold off spending the money. Prison over population lead to serious problems, including riots.

State governments have no money to fund the construction of new prisons. State governments will continue with more frequency to outsource the construction, supervision and maintenance of facilities to outside companies to avoid having to come up with the large lump sum of funds up front. However they will still pay long and healthy contracts to whoever manages these things and CXW is one of the best

sa