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Shares of Sina Rank the Lowest in Terms of Forward Earnings Yield in the Internet Software & Services Industry (SINA, LOCM, INAP, IIG, RAX)Nov 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Internet Software & Services industry with the lowest 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.Sina ranks lowest with a forward earnings yield of 0.2%. Local.com is next with a forward earnings yield of 0.4%. Internap Network Services ranks third lowest with a forward earnings yield of 0.8%. Imergent follows with a forward earnings yield of 0.8%, and Rackspace Hosting rounds out the bottom five with a forward earnings yield of 1.1%. SmarTrend recommended that its subscribers protect gains by selling shares of Sina on October 5th, 2012 by issuing a Downtrend alert when the shares were trading at $62.01. Since that call, shares of Sina have fallen 24.1%. 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 |