Mar 29, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Cable & Satellite 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.
DISH Network ranks highest with a a PEG ratio of 22.53. Following is Sirius XM Radio with a a PEG ratio of 1.18. Cablevision Systems ranks third highest with a a PEG ratio of 0.93.
Time Warner Cable follows with a a PEG ratio of 0.92, and Comcast rounds out the top five with a a PEG ratio of 0.89.
SmarTrend recommended that subscribers consider buying shares of Comcast on December 2nd, 2011 as our technology indicated a new Uptrend was in progress when shares hit $23.29. Since that recommendation, shares of Comcast have risen 29.6%. We continue to monitor Comcast 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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