This publisher has just made a nice acquisition, boosting its online business.
John Wiley & Sons Inc. (JWA)
From Positive Patterns
The reason I like John Wiley & Sons Inc. (JWA) is that the company is a builder of value, and it also doesn’t do gimmicky/quick-fix stuff.
JWA just made another significant acquisition that should help its future quite nicely. JWA paid
$200M cash for Learning House, which is a competitor in the online program services business that services colleges in their quest to increase their online business. This has real exciting growth possibilities.
Learning House was noted as one of America’s fastest-growing companies and now it will grow
with JWA. JWA is about education, content, books (traditional or e-style), newsletters, and research.
JWA has geared its future to digital by selling its (valuable) content online. JWA has some very good chips to play in the “learning business” in a broad array of areas—attorneys, doctors, science, medicine, accounting, real estate—there are too many to mention. But the thing to remember is that for those who want to better themselves in this world, JWA can offer many options.
Below $60, JWA is a good buy/keep stock. Take the long view; JWA will be a winner, I am confident of that.
Bob Howard, Positive Patterns, P.O. Box 310, Turners, MO 65765, 417-887-4486, October 18, 2018