TMCnet News
Saga Communications has the Highest PEG Ratio in the Broadcasting Industry (SGA, ETM, TVL, CBS, GTN)Nov 29, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Broadcasting 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. Saga Communications ranks highest with a a PEG ratio of 5.39. Following is Entercom Communications with a a PEG ratio of 4.65. LIN TV ranks third highest with a a PEG ratio of 1.63. CBS follows with a a PEG ratio of 1.28, and Gray Television rounds out the top five with a a PEG ratio of 1.18. SmarTrend recommended that subscribers consider buying shares of LIN TV on June 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $3.28. Since that recommendation, shares of LIN TV have risen 86.6%. We continue to monitor LIN TV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |