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Shares of Net 1 UEPS Technologies Rank the Highest in Terms of Forward Earnings Yield in the Application Software Industry (UEPS, ASIA, NUAN, PLUS, MGIC)May 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software 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.Net 1 UEPS Technologies ranks highest with a forward earnings yield of 15.3%. AsiaInfo Holdings is next with a forward earnings yield of 9.9%. Nuance Communications ranks third highest with a forward earnings yield of 9.4%. ePlus follows with a forward earnings yield of 9.4%, and Magic Software Enterprises rounds out the top five with a forward earnings yield of 9.3%. SmarTrend recommended that subscribers consider buying shares of Net 1 UEPS Technologies on December 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.22. Since that recommendation, shares of Net 1 UEPS Technologies have risen 40.2%. We continue to monitor Net 1 UEPS Technologies 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 |