$ASX:GEM High Piotroski Score and Near Breakout OpportunityASX: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
ASX:GEM ASX:GEM
