Shares of private prison operators Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) climbed sharply in early trading Monday ...

The $45 billion for immigration detention in the "Big, Beautiful Bill" represented a long-sought win for private prisons.

Investing.com -- Shares of Geo Group (NYSE: GEO) and CoreCivic (NYSE: CXW) rose in premarket trading Monday after Congress ...

CXW ranks among the best prison stocks to invest in. In the third quarter of 2024, the company reported a total revenue of $491.6 million, marking a 2% increase year-over-year.

Prison stocks are moving higher on the heels of Donald Trump's 2024 election win. Past history shows the prison stocks may not hold onto their gains from Trump's inauguration date into the future.

The stock is up 80.5% in the past year and it reported $575.2 million in revenue, up 33.64%. Net income also increased 136.9% to $135.2 million. It beat both the top-line and the bottom-line ...