They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a few other countries. Cash flow is solid and steady; debt is manageable. If you're an economic bear (not that I am) then here's a safe play - when times get rough crime rises. If you're an economic bull (not that I am) then here's a multibillion dollar company near multi-year lows, which is a rare find in the market right now.
I like a slow and somewhat volatile 20% ride to about $37.10. Pop a stop loss at $30.00. Just over $5 up to only $2.50 down.