- EDUC is a children's book publisher that sells via MLM model and to retail brick-and-mortar outlets.
- The MLM model used is vastly different from "scummy" tactics deployed by typical MLMs like Herbalife and has positioned the company well for sustainable growth.
- Growth will undoubtedly slow down with the recovering economy, but will still see a decent growth rate.
- At $15.29, EDUC is an under-the-radar gem with great fundamentals, attractive valuation, and a compelling growth story.
- Target price at $21.66, representing ~40% upside.
For further details see:
Educational Development Corp.: A Value Gem