We came across a bullish thesis on Stride, Inc. on Asymmetric Alpha’s Substack. In this article, we will summarize the bulls’ thesis on LRN. Stride, Inc.'s share was trading at $146.40 as of October 14th. LRN’s trailing and forward P/E were 24.41 and 17.33 respectively according to Yahoo Finance.
[caption id="attachment_573504" align="aligncenter" width="750"]Stride Inc. (LRN) operates in online K-12 education and has quietly evolved into a highly profitable, cash-generating business, despite being pigeonholed by the market as a...
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