[May 18, 2012] Relatively Low PEG Ratio Detected in Shares of Exide Technologies in the Auto Parts & Equipment Industry (XIDE, SORL, AXL, MOD, TEN) Tweet May 18, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Auto Parts & 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. Exide Technologies ranks lowest with a a PEG ratio of 0.27. Following is SORL Auto Parts with a a PEG ratio of 0.30. American Axle & Manufacturing ranks third lowest with a a PEG ratio of 0.30. Modine Manufacturing follows with a a PEG ratio of 0.34, and Tenneco rounds out the bottom five with a a PEG ratio of 0.37. SmarTrend recommended that its subscribers protect gains by selling shares of Tenneco on April 9th, 2012 by issuing a Downtrend alert when the shares were trading at $36.22. Since that call, shares of Tenneco have fallen 27.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 [ Back To TMCnet.com's Homepage ]