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Relatively Low Return on Equity Detected in Shares of Tuesday Morning in the General Merchandise Stores Industry (TUES, DUCK, FRED, TGT, DG)
Jan 19, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the General Merchandise Stores industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.Tuesday Morning ranks lowest with a ROE of 1.0%. Following is Duckwall-ALCO Stores with a ROE of 1.5%. Fred's ranks third lowest with a ROE of 7.8%.
Target follows with a ROE of 19.1%, and Dollar General rounds out the bottom five with a ROE of 20.0%.
SmarTrend recommended that its subscribers protect gains by selling shares of Fred's on August 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $14.15. Since that call, shares of Fred's have fallen 12.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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