Mar 29, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Communications Equipment 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.
Tellabs ranks highest with a a PEG ratio of 37.20. Following is Ciena with a a PEG ratio of 7.65. Motorola Mobility Holdings ranks third highest with a a PEG ratio of 2.48.
Viasat follows with a a PEG ratio of 2.19, and Comtech Telecommunications rounds out the top five with a a PEG ratio of 2.18.
SmarTrend recommended that subscribers consider buying shares of Comtech Telecommunications on January 23rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $30.38. Since that recommendation, shares of Comtech Telecommunications have risen 9.7%. We continue to monitor Comtech Telecommunications 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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