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Highest PEG Ratio in the Electrical Components & Equipment Industry Detected in Shares of Encore Wire (WIRE, BDC, EMR, ROP, ROK)
Jan 29, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Electrical Components & Equipment industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Encore Wire ranks highest with a a PEG ratio of 2.39. Belden is next with a a PEG ratio of 1.81. Emerson Electric ranks third highest with a a PEG ratio of 1.72.
Roper Industries follows with a a PEG ratio of 1.60, and Rockwell Automation rounds out the top five with a a PEG ratio of 1.57.
SmarTrend recommended that subscribers consider buying shares of Rockwell Automation on November 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $76.12. Since that recommendation, shares of Rockwell Automation have risen 17.8%. We continue to monitor Rockwell Automation for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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