Mar 25, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Oil & Gas Equipment & Services industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.RPC ranks highest with a an earnings yield of 13.4%. Helix Energy Solutions is next with a an earnings yield of 12.0%. Basic Energy Services ranks third highest with a an earnings yield of 10.7%.
Halliburton follows with a an earnings yield of 10.1%, and Newpark Resources rounds out the top five with a an earnings yield of 9.8%.
SmarTrend recommended that its subscribers protect gains by selling shares of RPC on January 18th, 2012 by issuing a Downtrend alert when the shares were trading at $11.79. Since that call, shares of RPC have fallen 13.2%. 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
---------------------------------------------------------------------------------------------
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