Education - The next profit making industry

[Doc_offshore]

The last decade was known for its buzwords like IT, networking mobile solutions and all the other smart words that the information technology brought with it. But the last few years an old industry has shown to be a lot more profitable than expected. The HR industry! But one of the interesting industries that follows is the educational industry. One of the countries that is really going to boom with this industry is China. China is producing more BScs, MBAs and LLMs that any other nation. The chinese people is known for the dedication to education. They are using more time on education than any other nation in the world and from a very young age. Thats the reason we want you to look at New Oriental Education and Technology (NYSE: EDU). New Oriental is the leading provider of private education in China.

The Chinese education system requires students to take a wide variety of standardized tests. New Oriental is getting them ready, offering classes in English and test preparation for students, beginning at age five. The company also runs a full-service private school (with plans to expand nationwide), a book distribution business and an educational Web site.

New Oriental started out in major cities like Shanghai and Beijing. But it is quickly expanding into other urban areas. Already the company operates 165 facilities in more than 30 cities. And it plans to add at least 20 more each year for the next several years.

We expect to see big profits from New Oriental Education.

Action to take: Buy NYSE:EDU

The Doc