New Oriental Education Shows Strong Growth As Massive Expansion Continues

As the old saying goes, "You need to strike when the iron is hot." Management at New Oriental Education & Technology Group (NYSE: EDU), a provider of in-person and online after-school tutoring in China, knows that the business is red-hot right now; it is striking by leveraging its balance sheet and growing brand by pushing a massive expansion throughout the Middle Kingdom.That context is important to keep in mind.

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