Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of for-profit educator Bridgepoint Education (NYSE: BPI) jumped more than 10% in intraday trading Tuesday as investors cheered the company's quarterly results.

So what: Bridgepoint said its first-quarter profit climbed 61% on strong enrollment growth and issued full-year guidance that also topped analyst expectations. Unfortunately, shares of Corinthian Colleges (Nasdaq: COCO) are falling big today because it couldn't buck the industry downtrend of shrinking student starts and posted a worse-than-expected profit.

Now what: If you just need to profit from all of the for-profit education carnage, Bridgepoint is likely one of your safest bets. Unlike Corinthian and industry leader Apollo Group (Nasdaq: APOL), Bridgepoint hasn't reported new-student enrollment declines recently, and, given its former students' strong track record of debt repayment, shouldn't be hit too hard by tighter regulation. With the stock still off 40% from its highs in April, there seems to be plenty of upside to make that bet.

Interested in more info on Bridgepoint? Add it to your watchlist by clicking here.

Fool contributor Brian Pacampara doesn't own a position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days.

True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy always gets a perfect score.