- While the company is suffering from the pandemic and the economic fallout, it keeps on investing and can easily afford to do so.
- This is likely to lead to market share gains as smaller competitors are less well positioned in this environment and can’t keep up or might even go out of business.
- Hence, the company is likely to emerge stronger out of the current crisis and its business model inherently generates a lot of cash.
- Add to that an iron clad balance sheet and the non-cyclical nature of its business, and the shares offer an opportunity at these levels.
New Oriental Education Charging Ahead Despite Pandemic
April 30th, 2020 · No Comments