…. Like most for-profit education companies, American Public Education’s stock price has suffered due to Department of Education threats against the industry. However, American Public Education has continued to produce strong earnings growth, and more importantly, is expected to continue producing future earnings growth in excess of 23% per annum. The company has no debt on its balance sheet, and can be purchased at a PEG ratio less than one. Therefore, we believe this small-cap company represents a strong candidate for future due diligence.
American Public Education Good Small Cap GARP Stock
Charles (Chuck) C. Carnevale – Co-Founder and Chief Investment Officer, has been working in the securities industry since 1970. He has been a partner with a private NYSE member firm, the President of a NASD firm, and a Vice President, Regional Marketing Director for a major American Stock Exchange listed company, and he was an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming EDMP, Inc., he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.