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Owens-Illinois is Among the Companies in the Metal & Glass Containers Industry With the Highest Forward Earnings Yield (OI, CCK, BLL, AEPI, MYE)Jan 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Metal & Glass Containers industry with the highest 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.Owens-Illinois ranks highest with a forward earnings yield of 11.6%. Crown Holdings is next with a forward earnings yield of 7.5%. Ball ranks third highest with a forward earnings yield of 6.7%. AEP Industries follows with a forward earnings yield of 6.6%, and Myers Industries rounds out the top five with a forward earnings yield of 6.5%. SmarTrend recommended that subscribers consider buying shares of Owens-Illinois on December 11th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $20.32. Since that recommendation, shares of Owens-Illinois have risen 10.1%. We continue to monitor Owens-Illinois 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 |