Previously we warned readers that Career Education Corp. had been in the crosshairs of some short-selling hedge funds, as are other education stocks. If we didn't have to follow the strategy, Insider Monkey would stay away from this stock.6. Raymond James Financial (RJF - Get Report): Three insiders bought miniscule amounts of Raymond James Financial through their company's retirement program. These transactions are probably meaningless. Academic researchers didn't exclude these transactions when they calculated their returns to insider trading, but Insider Monkey won't be imitating these transactions. We believe excluding these transactions should improve our hypothetical returns. So, RJF is out.
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