$ASX:GEM High Piotroski Score and Near Breakout Opportunity

1 ago

GEM G8 Education is consolidating and is on the verge of a breakout after a long 4-year consolidation period. With impressive profit margins, a favorable P/E ratio relative to near-term earnings growth, and a very high Piotroski score, the stock presents a strong investment opportunity. Macquarie Group has added a higher ranking to G8 Education. The company operates in the education and childcare sector, which is consistently strong in Australia.

Fundamentals:

Impressive profit margin
Favorable P/E ratio relative to near-term earnings growth
Very high Piotroski score
Consistent profitable growth
Operates in the education and childcare sector, a consistently strong industry in Australia

Technical:

Consistent volume
Rising RSI
Likely breakout after 4 years of consolidation
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