For Profit Prisons Offers Investors Moral, Financial Challenges

As regulatory risk has been reduced and performance expectations have risen, for profit prisons such as Geo Corporation have seen their stock rise in price while some voice objections Strubel Investment Management, a firm that invests in “sin” stocks such as tobacco, alcohol and defense contractors, has no interest in for profit prison management, a category firm CEO Ben Strubel categorizes as “thoroughly corrupt from top to bottom.” Big profits in the past might not be as bountiful in the future as expectations narrow Writing in a research report nearly a year ago, the issues with for profit prison investing remain…