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TMCNet:  Highest Forward Earnings Yield in the Diversified Banks Industry Detected in Shares of HSBC Holdings (HBC, BLX, WFC, USB, CMA)

[January 08, 2013]

Highest Forward Earnings Yield in the Diversified Banks Industry Detected in Shares of HSBC Holdings (HBC, BLX, WFC, USB, CMA)

Jan 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Diversified Banks industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.HSBC Holdings ranks highest with a forward earnings yield of 10.8%. Following is Banco Latinoamericano de Exportaciones with a forward earnings yield of 10.6%. Wells Fargo ranks third highest with a forward earnings yield of 9.6%.


US Bancorp follows with a forward earnings yield of 8.7%, and Comerica rounds out the top five with a forward earnings yield of 8.4%.

SmarTrend recommended that subscribers consider buying shares of HSBC Holdings on August 8th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $43.91. Since that recommendation, shares of HSBC Holdings have risen 22.4%. We continue to monitor HSBC Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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