10 Online and In-Person Education Stocks to Buy in 2024
The old-school classroom is crumbling. The future of learning is flexible, personalized, and driven by technology. These education stocks are cashing in on the revolution, and their share prices could soar in 2024.
Chegg, Inc. (CHGG)
Chegg is the ultimate student sidekick, offering online tutoring, textbook rentals, and a whole range of study tools. They're tapping into a generation that wants learning on demand and help beyond the classroom.
- Student Lifeline: Chegg has become essential for many students seeking extra support.
- Subscription Model: Recurring revenue makes their business model attractive.
- Competition Rising: Other online learning platforms are vying for student dollars.
Stride, Inc. (LRN)
Formerly known as K12, Stride focuses on online education and curriculum development. They power virtual schools and offer supplemental learning programs, positioning them to benefit from the continued growth of online learning.
- Pandemic Boost: The shift to remote learning fueled their growth in recent years.
- Public School Partnerships: They work with school districts to provide online options.
- Regulatory Scrutiny: The quality and oversight of online schools are under debate.
Coursera Inc. (COUR)
Coursera partners with top universities to offer online courses and certifications. They're democratizing education, giving anyone access to world-class learning experiences, often for an affordable price compared to traditional education.
- Global Reach: They attract learners worldwide, expanding their potential market.
- University Partnerships: Their brand gains credibility by working with renowned institutions.
- Profitability Questions: They're still working towards consistent profitability.
2U, Inc. (TWOU)
2U partners with universities to develop online degree programs. Their focus on high-quality graduate programs helps them stand out in the crowded online education space.
- Prestigious Partnerships: They work with top-tier universities, attracting ambitious students.
- Costly Model: Developing and marketing online degree programs can be expensive.
- Market Potential: The demand for flexible online graduate programs is growing.
Udemy, Inc. (UDMY)
Udemy is an online learning marketplace with a vast course catalog on everything from tech skills to hobbies. Their model empowers individuals to become instructors, creating a more diverse range of offerings.
- Affordable Learning: Courses are often cheaper than traditional college classes.
- Course Quality Varies: Udemy has less control over content quality compared to curated platforms
- Global Marketplace: They have a huge potential audience of lifelong learners.
Grand Canyon Education, Inc. (LOPE)
A hybrid of sorts, Grand Canyon offers both traditional campus education and a growing online learning division. This mix could offer them some stability as the education landscape shifts.
- Traditional Roots: Their established campus provides a revenue base.
- Online Expansion: They're investing heavily in growing their online programs.
- For-Profit Model: Scrutiny of for-profit colleges could pose a risk.
Perdoceo Education Corporation (PRDO)
Perdoceo operates traditional universities like Colorado Technical University and the American InterContinental University. They're focusing on expanding online offerings to keep pace with the changing needs of students.
- Focus on Career Prep: They target adult learners seeking specific skills to advance their careers.
- Regulatory Landscape: For-profit colleges face ongoing regulatory oversight.
- Turnaround Play: They're aiming to improve profitability and overcome past challenges.
Adtalem Global Education Inc. (ATGE)
Adtalem operates a range of educational institutions, including medical and veterinary schools. Their focus on healthcare-related fields could offer some insulation from broader economic downturns.
- Essential Training: Demand for healthcare professionals remains strong.
- International Footprint: They have a presence in multiple countries, diversifying their reach.
- Debt Burden: They carry significant debt, which could become a problem if profits falter.
Strategic Education, Inc. (STRA)
Strategic Education operates for-profit universities and coding bootcamps. Their focus on fast-paced tech skills training aims to meet the demands of a rapidly changing job market.
- In-Demand Skills: Their bootcamps focus on areas like software development and cybersecurity.
- Short-Term Programs: Their offerings are quicker to complete than traditional degrees.
- Regulatory Scrutiny: For-profit education providers face scrutiny over their outcomes.
Think & Learn Pvt Ltd. (BYJU)
BYJU'S is an Indian EdTech giant with a massive global reach. Their personalized online learning programs use engaging formats and gamification to appeal to younger students.
- India Focus: Tapping into India's huge education market is a major advantage.
- Global Ambitions: They're aggressively expanding into other countries, including the US.
- Profitability Challenges: Like many EdTech startups, they're focused on growth over profits for now.
The Bottom Line
The education revolution is just getting started! These stocks offer a mix of established players and bold innovators. Winners do their homework and invest for the long haul. Miss out on the EdTech boom, and you'll regret watching others get schooled in stock market profits.
