Today’s stock pick is a nod in the direction of fundamentals. Bridgepoint Education (BPI) is a San Diego-based, for-profit, post-secondary education company that has a great history of growing earnings. Bridgepoint was founded in 2004, and features a combination of traditional programs at a couple of universities, but well over 90% of all enrollments are online. The story is a good one, as for-profit institutions have pushed the possibilities for online higher education far beyond their old limits. In a challenging employment environment, online classes keep costs down and offer access without the restrictions of geography. Beginning in Q3...
