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Is New Oriental Education & Technology Group Inc. (EDU) Worth Adding to Your Portfolio as a Defensive Stock? – Insider Monkey


New Oriental Education & Technology Group Inc. (EDU) is being touted as a good defensive stock to add to portfolios by Insider Monkey. The company is a leading provider of private educational services in China, offering a wide range of educational programs to help students prepare for exams and improve their academic performance.

With the ongoing uncertainties in the global economy and the potential for market volatility, defensive stocks like EDU are seen as a safe bet for investors looking to protect their portfolios. The company has a strong track record of growth and profitability, making it an attractive option for those seeking stability in their investments.

One key factor that makes EDU a good defensive stock is its resilient business model. The demand for education in China remains strong, regardless of economic conditions, giving the company a stable revenue stream. Additionally, EDU has a dominant position in the Chinese market, with a well-established brand and a wide network of learning centers across the country.

Investors are also bullish on EDU due to its strong financial performance. The company has consistently delivered solid earnings and revenue growth, with a healthy balance sheet and strong cash flow generation. This financial stability is particularly important in times of economic uncertainty, as it can help insulate the stock from market fluctuations.

Overall, New Oriental Education & Technology Group Inc. (EDU) is seen as a good defensive stock to add to portfolios now. With its strong business model, dominant market position, and solid financial performance, the company offers investors a stable and reliable option in an uncertain market environment.

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