Here's Why You Should Buy New Oriental (EDU) Stock Right Now

New Oriental Education & Technology Group Inc.’s EDUshares have lately been riding high. Shares of China's largest after-school tutoring network have gained more than 58% in the past year, outperforming the 39% growth of its industry.

Moreover, the Zacks Consensus Estimate for earnings for the current as well as next year has increased 0.

9% and 2.5%, respectively, in the last 60 days, thus reflecting optimism in the stock’s earnings prospects (and share price), and substantiating its Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .