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Polen Capital: "New Oriental (EDU) Remains Poised to Grow Earnings at 25% Annual Rate"


Polen Capital: “New Oriental (EDU) Remains Poised to Grow Earnings at 25% Annual Rate”
Polen Capital, an investment management firm, published its “Polen International Growth” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of -1.14% was delivered by the fund for the Q1 of 2021, trailing its MSCI All Country World benchmark that delivered a 3.49% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Polen International Growth Fund, in its Q1 2021 investor letter, mentioned New Oriental Education & Technology Group Inc. (NYSE: EDU), and shared their insights on the company. New Oriental Education & Technology Group Inc. is a Haidian District, Beijing, China-based private educational services provider that currently has a $23.3 billion market capitalization. Since the beginning of the year, EDU delivered a -34.34% return, while its 12-month gains are up by 3.76%. As of ....

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