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Top 5 Companies in the Computer Hardware Industry With the Lowest Forward P/E Ratio (HPQ, DELL, SMCI, AAPL, NCR)May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Hardware industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Hewlett-Packard ranks lowest with a a forward P/E ratio of 6.94. Following is Dell with a a forward P/E ratio of 8.24. Super Micro Computer ranks third lowest with a a forward P/E ratio of 10.05. Apple follows with a a forward P/E ratio of 10.06, and NCR rounds out the bottom five with a a forward P/E ratio of 10.29. SmarTrend recommended that subscribers consider buying shares of NCR on May 1st, 2013 as our technology indicated a new Uptrend was in progress when shares hit $29.00. Since that recommendation, shares of NCR have risen 8.8%. We continue to monitor NCR 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 |