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Top 5 Companies in the Computer Storage & Peripherals Industry With the Highest P/E Ratio (XRTX, SNDK, NTAP, DTLK, EMC)
[June 12, 2013]

Top 5 Companies in the Computer Storage & Peripherals Industry With the Highest P/E Ratio (XRTX, SNDK, NTAP, DTLK, EMC)

Jun 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Storage & Peripherals industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Xyratex ranks highest with a a P/E ratio of 73.86. Following is SanDisk with a a P/E ratio of 31.03. NetApp ranks third highest with a a P/E ratio of 28.94.

Datalink follows with a a P/E ratio of 20.69, and EMC rounds out the top five with a a P/E ratio of 19.77.

SmarTrend recommended that subscribers consider buying shares of Xyratex on January 15th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $9.37. Since that recommendation, shares of Xyratex have risen 12.3%. We continue to monitor Xyratex for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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