Jim Cramer Says Buy Laureate Education
Below is a MRR and PLR article in category Finance -> subcategory Investing.
Jim Cramer Recommends Buying Laureate Education
Overview
On Friday’s episode of CNBC's "Mad Money," host Jim Cramer gave a glowing endorsement of Laureate Education Inc. (NYSE: LAUR).Key Points
Background
Jim Cramer highlighted Laureate Education’s evolution from its original identity as Sylvan Learning Centers. The company has rebranded and refocused its business strategy, now targeting international growth opportunities rather than sticking with the domestic market.Market Strategy
Initially, offering diplomas in the U.S. was lucrative, but legal challenges from students not securing expected jobs altered the landscape. In contrast, Laureate Education has shifted its focus to international markets, notably in Latin America, where students are investing in their futures amid expanding economies.Investment Insights
Cramer referenced a recent buy recommendation from Morgan Stanley, attributing it to the company's strong market presence in countries like Chile, Mexico, and Brazil. Notably, Laureate Education has acquired the fifth-largest private school in São Paulo and is also exploring growth in European regions like Crete.Stock Performance
As of Friday, Laureate’s stock closed at $53.25, marking a rise of 81 cents, or 1.5%.Additional Information
This review was provided by John Babington from TipLetter.com, available at CBS2.TV.You can find the original non-AI version of this article here: Jim Cramer Says Buy Laureate Education.
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