alpha62539

BFAM on the way to get over MA200 and stay above for a while.

Long
NYSE:BFAM   Bright Horizons Family Solutions Inc.
BFAM has a brilliant EPS beat history and the current drawdown should be used as a buying opportunity.
There are some challenges though in the long run, such as demography and the "work from home" trend. But the company seems to adapt well to the changes.
That`s about long-term perspectives that are not entirely aligned with the bullish narrative.
Nonetheless, I would give it a try as the company has a chance to recover at least half of the downside.
Do your homework and size accordingly.

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