[May 29, 2012] Shares of salesforce.com Rank the Highest in Terms of PEG Ratio in the Application Software Industry (CRM, ULTI, CNQR, MANH, RP) Tweet May 29, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software 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. salesforce.com ranks highest with a a PEG ratio of 3.49. Following is Ultimate Software with a a PEG ratio of 3.08. Concur Technologies ranks third highest with a a PEG ratio of 2.11. Manhattan Associates follows with a a PEG ratio of 1.85, and RealPage rounds out the top five with a a PEG ratio of 1.83. SmarTrend recommended that its subscribers protect gains by selling shares of RealPage on February 16th, 2012 by issuing a Downtrend alert when the shares were trading at $24.73. Since that call, shares of RealPage have fallen 23.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]