Feb 08, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Housewares & Specialties 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.Lifetime Brands ranks highest with a forward earnings yield of 10.6%. Libbey is next with a forward earnings yield of 10.5%. Newell Rubbermaid ranks third highest with a forward earnings yield of 7.5%.
Tupperware Brands follows with a forward earnings yield of 7.5%, and Jarden rounds out the top five with a forward earnings yield of 6.9%.
SmarTrend recommended that subscribers consider buying shares of Jarden on November 28th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $53.21. Since that recommendation, shares of Jarden have risen 13.3%. We continue to monitor Jarden for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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