robust growth- and-value stock play, as it gets closer to splitting up into two companies“. Marcial says that the stock , which has risen from $34 last August to over $49, may have more room to go up in the next year.
Some bulls predict the stock will continue to leap to much higher ground–to the high $50s or more in six to 12 months–as investors see more traction in the stock from the impending spin-off.
Marcial goes on to detail the bright prospects for both the financial and education companies post-split, and speculates that the education business may be an attractive takeover target. We’re not quite as bullish as Marcial, but one could certainly do worse than to purchase McrGraw-Hill. What do you think?
Disclosure: The author hols no position in MHP
Related articles
- With Spin-Off, McGraw-Hill Looms As The Next Attractive Stock Among Growth-Value Stock Plays (forbes.com)
- Reuters – McGraw Takes Bids for Education Unit (pehub.com)
- McGraw-Hill puts its Education division up for sale (feldmanfile.blogspot.com)
- McGraw-Hill Education Plans $600 Million Debt as Split Nears – Bloomberg (bloomberg.com)
