$GEO looks to be around a major bottom based on valuation ( PE & PS ). They have steady revenue growth and pay a high dividend
Wedge has been forming since mid April & end is near pending a major breakout or breakdown. Gap to be filed in the range 10.40 -10.74 Gap has also been filled twice over this month wedge as well. Strategy to play this: Wait till price falls back into the gap range and set stop loss to $10.30 Or Wait till bullish confirmation if stock breaks the upper wedge...
First off, I view REITs in general as completely undervalued in our markets and due a solid run. Now with GEO I see them weathering the "storm" of covid-19 due to them being in a safe niche. They are heavily involved in the "for profit prisons" which I don't see going away any time soon (opposite of commercial office buildings). GEO also has a high dividend yield...
Trend-line points are clear and possibly will pursue previous highs met at the black resistance line. As markets and volatility are slowing down daily swing ranges it will be slow 1 month move.
NYSE:GEO High risk juicy stock. Could be back with potential 50% if the real estate does not break up.
Despite resistance, there's a strong amount of momentum after bouncing off a monthly support. I could see this retesting previous swing highs.
Fundamentals: GEO GROUP (Mkt Cap 2.003B). Earnings grew by 14.8% over the past year, currently trading well below fair value. Annual earnings growth over the past 5 years 2.7%. Over the past year earnings growth, 14.8% exceeds its 5-year average. Insider Trading: Founder of GEO recently bought 515,000 shares ($8.5m) Technicals: During early morning session...
All description on the chart. Please, don't forget to like and follow. Thank you.
Runs prisons, got oversold because libtards sold it off. Some banks stopped loaning money and stopped coverage. Doesn't really matter because they'll always someone who wants to make money by loaning to a profitable company. Not to mention they're expanding, making money, and paying 10% dividend. Target $20.
NYSE:GEO swing trade Looking to enter above 18.25 targeting the 19.29 area and then reassess.
GEO and CoreCivic stock in comparison to White House administration policies concerning use of private prisons.
GEO and CoreCivic stock in comparison to White House administration policies regarding use of private prisons.
no pun intended, thats a lot cake someone is eating. Not getting political at all. watching an monitoring here. I have no position and dont plan on innating one, just monitoring to see how this plays out. and break down the lies from a technical analysis stand point
2 positions are thinkable: Shortterm view: Fix that Level: Short entry now, sl a bit above the neckline (for example a tick above the illustrated 0,5 fibo) tp 31 Midterm/longterm view: Trying to catch the breakout - stopbuy @ 35$, SL 30,8 (below the possible "3") TP1: 39$ / TP2: 43$
GEO double bottom, break h-line, waiting to throwback 1st target 31.85
Geo Group recently touched a multi-year bottom of $31.00. Following that they announced the reopening of a250 bed facility in California and a dividend of .57/q. The aggregate analyst target is $41.00. I am a little more conservative. They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a...