Traditional schools are not optimal for the modern student. Younger generations grew up surrounded by technology. Therefore, education providers need to embrace if they are serious about providing a high-quality learning experience. As a result, the edtech industry is expected to continue seeing growth despite the pandemic boost.
Chegg, Inc. (CHGG) has strong brand recognition which positions it well to take advantage of industry trends. However, the stock is currently trading at a premium.
Here are the main points of this report:
*This is a premium seeking alpha article, so we can’t fully post it here.*