TMCnet News
China Medicine has the Lowest Return on Equity in the Health Care Distributors Industry (CHME, PMC, OMI, PDCO, HSIC)May 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Distributors industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.China Medicine ranks lowest with a ROE of -0.2%. PharMerica is next with a ROE of 6.4%. Owens & Minor ranks third lowest with a ROE of 11.1%. Patterson follows with a ROE of 15.5%, and Henry Schein rounds out the bottom five with a ROE of 15.6%. SmarTrend recommended that subscribers consider buying shares of Henry Schein on March 5th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $89.72. Since that recommendation, shares of Henry Schein have risen 6.3%. We continue to monitor Henry Schein 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 |
