TMCnet News
Relatively Low Future Earnings Growth Detected in Shares of Tech Data in the Technology Distributors Industry (TECD, PCCC, SNX, IM, SCSC)May 31, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Technology Distributors industry with the lowest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.Tech Data ranks lowest with a future earnings growth of 8.3%. Following is PC Connection with a future earnings growth of 9.0%. SYNNEX ranks third lowest with a future earnings growth of 10.9%. Ingram Micro follows with a future earnings growth of 12.4%, and Scansource rounds out the bottom five with a future earnings growth of 13.0%. SmarTrend recommended that subscribers consider buying shares of Scansource on May 3rd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $29.22. Since that recommendation, shares of Scansource have risen 8.7%. We continue to monitor Scansource 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 |