2.43%XLF 15.10 
10.30%QQQQ 31.32 0.63%
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NEW YORK - Shares in education software company SkillSoft PLC rose after an analyst named it as one of his favorite education stocks.
| SKIL | 8.38 |  -0.21 |
Stifel Nicolaus & Co. analyst Jerry Herman Herman said SkillSoft has seen an substantial increase in earnings and cash flow with its acquisition of longtime competitor NetG.
SkillSoft said late last week that its fourth-quarter profit more than quadrupled on higher sales and tax benefits.
Herman said the results also showed better-than-expected renewal rates and sales.
He raised his 2009 earnings-per-share estimate to 36 cents from 33 cents and his 2010 estimate to 53 cents from 51 cents.
He also raised 2010 sales estimate to $337 million from $318 million.
On Tuesday, SkillSoft shares rose 64 cents, or 6.9 percent, to close at $9.88.
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