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Shares of Vera Bradley Rank the Highest in Terms of Forward Earnings Yield in the Apparel, Accessories & Luxury Industry (VRA, DLA, CHKE, PERY, HBI)Jun 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Apparel, Accessories & Luxury 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.Vera Bradley ranks highest with a forward earnings yield of 8.9%. Following is Delta Apparel with a forward earnings yield of 7.2%. Cherokee ranks third highest with a forward earnings yield of 7.2%. Perry Ellis follows with a forward earnings yield of 7.2%, and Hanesbrands rounds out the top five with a forward earnings yield of 6.9%. SmarTrend recommended that subscribers consider buying shares of Hanesbrands on April 23rd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $47.87. Since that recommendation, shares of Hanesbrands have risen 4.6%. We continue to monitor Hanesbrands for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |