Perdoceo Education (PRDO): Huge Upside Potential
From Yahoo Finance: 2025-05-05 10:35:00
Billionaire Jim Simons’ RenTech has 10 small-cap stock picks with huge upside potential. Simons, a math whiz turned finance guru, founded Renaissance Technologies in 1982 to use quantitative models for investing. RenTech’s flagship Medallion Fund achieved significant returns during market crashes. Their success is attributed to leveraging mathematics and hiring intelligent professionals.
Perdoceo Education Corporation (NASDAQ: PRDO) is among RenTech’s stock picks with significant upside potential. The for-profit postsecondary education provider saw a revenue increase in Q4 2024, driven by enrollment gains. Management is optimistic about 2025, projecting growth in earnings per share. Analysts at Barrington Research reiterated an Outperform rating on PRDO with a $35.00 price target.
PRDO ranks 8th on the list of RenTech’s small-cap stock picks. While PRDO shows promise, AI stocks may offer better returns in a shorter time frame. An AI stock has shown growth in 2025 while popular AI stocks declined. Investors seeking AI opportunities can explore the cheapest AI stock highlighted in a report for potential investment opportunities.