Is Buying 2U, Inc. (TWOU) Here a Winning Strategy?

February 17, 2018 - By Vivian Park

The stock of 2U, Inc. (NASDAQ:TWOU) reached all time high today, Feb, 17 and still has $78.22 target or 3.00 % above today’s $75.94 share price. This indicates more upside for the $3.97B company. This technical setup was reported by Barchart.com. If the $78.22 PT is reached, the company will be worth $118.98 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.07% or $0.05 during the last trading session, reaching $75.94. About 267,759 shares traded. 2U, Inc. (NASDAQ:TWOU) has risen 55.92% since February 17, 2017 and is uptrending. It has outperformed by 39.22% the S&P500.

2U, Inc. (NASDAQ:TWOU) Ratings Coverage

Among 13 analysts covering 2U (NASDAQ:TWOU), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. 2U had 38 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, November 8 by Needham. The company was maintained on Friday, February 26 by Compass Point. Needham initiated the stock with “Buy” rating in Friday, July 15 report. The stock of 2U, Inc. (NASDAQ:TWOU) earned “Buy” rating by BMO Capital Markets on Wednesday, January 17. As per Tuesday, August 8, the company rating was maintained by Credit Suisse. On Friday, February 26 the stock rating was maintained by Needham with “Buy”. The stock has “Buy” rating by Compass Point on Friday, August 5. The stock of 2U, Inc. (NASDAQ:TWOU) earned “Outperform” rating by Barrington Research on Friday, August 5. The firm has “Buy” rating given on Friday, October 6 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Outperform” on Tuesday, August 8.

More notable recent 2U, Inc. (NASDAQ:TWOU) news were published by: Prnewswire.com which released: “2U, Inc. to Announce 2017 Fourth Quarter and Full Year Financial Results on …” on January 29, 2018, also Prnewswire.com with their article: “2U CFO Cathy Graham to Present at the KeyBanc Capital Markets Emerging …” published on February 14, 2018, Fool.com published: “2U Inc.’s Biggest Growth Opportunities” on January 21, 2018. More interesting news about 2U, Inc. (NASDAQ:TWOU) were released by: Prnewswire.com and their article: “WeWork and 2U, Inc. Announce Strategic Partnership to Enhance the Future of …” published on January 22, 2018 as well as Fool.com‘s news article titled: “Why 2U Corporation Stock Popped 15.1% in January” with publication date: February 13, 2018.

2U, Inc. provides cloud-based software-as-a-service solutions for nonprofit colleges and universities to deliver education to students. The company has market cap of $3.97 billion. The Company’s cloud SaaS platform solutions include online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web and mobile applications. It currently has negative earnings. The company's integrated back-end applications launch, operate, and support clients' programs, as well as provide clients with real-time data and analytical insight related to student performance and engagement, student satisfaction, and enrollment.

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