TMCnet News
Avnet has the Lowest Sales Growth in the Technology Distributors Industry (AVT, PCCC, AXE, TECD, ELRC)Apr 30, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Technology Distributors industry with the lowest sales growth. Avnet ranks lowest with a sales growth of 0.1%. PC Connection is next with a sales growth of 0.6%. Anixter International ranks third lowest with a sales growth of 3.0%. Tech Data follows with a sales growth of 4.9%, and Electro Rent rounds out the bottom five with a sales growth of 5.8%. SmarTrend recommended that its subscribers protect gains by selling shares of Tech Data on March 4th, 2013 by issuing a Downtrend alert when the shares were trading at $49.06. Since that call, shares of Tech Data have fallen 8.4%. 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 |
