DeVry, Incorporated (DV) owns and operates DeVry University, Advanced Academics, Ross University, Chamberlain College of Nursing, and Becker Professional Review. DeVry University offers associate, bachelor’s, and master’s degree programs in technology, healthcare technology, business, and management at 91 locations in the United States, Canada, and online; and graduate degree programs in management through its Keller Graduate School of Management. These classes are taught in approximately 300 locations, including sites in 27 foreign countries and DeVry University teaching sites. The company was founded in 1931 and is headquartered in Oakbrook Terrace, Illinois.

In addition to providing a fast track, DeVry provides a top-notch business education and a respected degree. The company works with top business leaders to design programs that produce graduates who meet their needs. Compared to other educational programs, Devry provides students not only with knowledge, communications and teamwork skills but also with the valuable computer application skills that today's employers seek.

The company has solid fundamentals with great sales growth and expanding operating margins. DeVry recently gained even more momentum because billions of dollars of the new stimulus package being considered by Washington appear to be targeted for education.

The stock is showing a potential Elliot Wave-4 buy, projecting gains into the $66.00 per share area over the next few months. DeVry does have an options market. The options currently extend through August of 2009, allowing the options trader enough time to take advantage of the forecasted opportunity.

 

Figure 1: Daily Elliott Wave-4 Buy Pattern for DeVry Incorporated
(Source: Profit Source)
click here for larger view

Happy Trading.


Jeff Neal 
Senior Writer, Options Strategist & Profit Strategies Radio Show Market Correspondent
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