Dec 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 0.3%. Following is Local.com with a forward earnings yield of 0.5%. Internap Network Services ranks third lowest with a forward earnings yield of 0.7%.
WebMD Health follows with a forward earnings yield of 1.0%, and Rackspace Hosting rounds out the bottom five with a forward earnings yield of 1.1%.
SmarTrend recommended that subscribers consider buying shares of Rackspace Hosting on November 28th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $67.03. Since that recommendation, shares of Rackspace Hosting have risen 8.5%. We continue to monitor Rackspace Hosting 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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