01-30-2011 Stocks to watch Video For Monday
March 5th, 2011
01-30-2011 Stocks to watch Video For Monday
BMO Capital noting on Monday that House Republicans’ budget plans would reduce Pell grant maximum levels by about 15%. The firm identifies Corinthian Colleges (COCO) and ITT Educational (ESI) as two of the companies with the most exposure to Pell grants. Although, on a positive note for the sector the firm notes several Congressmen plan to propose an amendment which would delay the Gainful Employment rule. The firm maintains a Market Perform rating on the sector.