Mar 20, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Semiconductor Equipment industry with the lowest 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.
Daqo New Energy ranks lowest with a a PEG ratio of 0.05. Following is Tessera Technologies with a a PEG ratio of 0.51. GT Advanced Technologies ranks third lowest with a a PEG ratio of 0.54.
Kulicke & Soffa Industries follows with a a PEG ratio of 0.57, and AXT rounds out the bottom five with a a PEG ratio of 0.85.
SmarTrend recommended that subscribers consider buying shares of AXT on January 11th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.77. Since that recommendation, shares of AXT have risen 34.9%. We continue to monitor AXT 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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