Easily one of the most controversial companies available for trading, Geo Group (GEO) represents a private prison. Officially, the company utilizes more clinical language, billing itself as a government service provider for the development of secure facilities and processing centers. However, human rights advocacy groups have consistently identified GEO stock as a problematic investment.
I’m not going to take sides on the issue; however, it’s important to realize what you’re getting involved in before signing on the dotted line. Still, despite the controversy surrounding the concept of private prisons, the industry can be cynically lucrative. For example, famed hedge fund manager Michael Burry invested in GEO stock and that wager is now paying off handsomely.
