Coronavirus cases are on the rise and fears have once again forced people to stay indoors. After a record number of hospitalizations and deaths, states have closed schools and students are once again using distance learning.
The United States took just 10 days this year to hit 2.2 million coronavirus cases from 2 million, giving enough cause for concern. And it’s no surprise that parents prefer not to send their children to school even if they open in the next few days.
Schools close as coronavirus fears rise again
On January 11, the United States recorded more than 200,000 new cases of the coronavirus for seven days in a row, according to Johns Hopkins University.
In addition, the country has recorded more than 20,000 deaths in the past seven days, while hospitalizations have exceeded 100,000 for 40 consecutive days. People have started staying indoors again, and schools that had opened some time ago have closed again.
Naturally, home learning is the best and the only option left and students are quickly adapting to this new way of learning.
Online education to gain traction
According to a survey conducted by TEACH-NOW Graduate School of Education, a college at Moreland University, 60% of teachers in the United States and abroad believe that online education will continue to play a major role even in the post-pandemic world.
Following the coronavirus epidemic, few teachers and students were comfortable with the mode of online education. The investigation also reveals that the scene has changed since then. Not only the United States, but also schools around the world have started offering online classes as there is no immediate sign of the coronavirus disappearing although a vaccine has already been deployed.
In fact, the situation worsened with the onset of winter which again forced states to close schools. Although most students stay at home during this time, they can continue to learn through various video lectures and reading materials, and even opt for online testing. This is where online education turns out to be a game changer.
Actions to watch
With no timeline for a possible coronavirus vaccine, parents, students and teachers are likely to prefer to switch to online education. Given this scenario, it will be prudent to closely monitor these four on-line education providers who are on the cusp of growing.
American Public Education, Inc. APEI is an online provider of higher education, primarily focused on serving the military and public service communities.
The company’s expected profit growth rate for the current year is 7.3%. Zacks’ consensus estimate for current year earnings has improved 2.6% in the past 60 days. American Public Education has a Zacks Rank # 2 (Buy). You can see the full list of today’s Zacks # 1 Rank stocks here.
Lincoln EducationalServices Society LINC is a leading and diverse, for-profit, career-oriented post-secondary education provider, headquartered in West Orange, New Jersey.
The company’s expected profit growth rate for the current year is over 100%. Zacks’ consensus estimate for current year earnings has improved 42.1% in the past 60 days. Lincoln Educational wears a Zacks Rank # 3 (Hold).
Career Education Society PRDO offers bachelor’s, associate, and non-degree programs in information technology, visual communication, and design technology.
The company’s expected profit growth rate for the current year is 11%. The company’s shares have gained 1.2% in the past three months. Career Education carries a Zacks Rank # 3.
Bright Scholar Education Holdings Ltd BEDU is an operator of international and bilingual K-12 schools, and provides training and other educational services.
The company’s expected profit growth rate for the current year is 59.6%. Its shares have gained 1.9% in the past 30 days. Bright Scholar Education is Zacks Rank 3.
Company GP Strategies GPX is a global provider of e-learning and training solutions, management consulting and engineering services, improving the efficiency of organizations by customizing solutions that improve people, processes or technology of an organization. organization.
The company’s expected profit growth rate for next year is 45.3%. Its shares have gained 13.1% in the past three months. GP Strategies Corporation has a rank 3 of Zacks.
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