TMCnet News
Lowest Forward Earnings Yield in the Investment Banking & Brokerage Industry Detected in Shares of Oppenheimer Holdings (OPY, GFIG, ITG, GHL, SWS)Jan 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Investment Banking & Brokerage industry with the lowest 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.Oppenheimer Holdings ranks lowest with a forward earnings yield of 1.2%. GFI Group is next with a forward earnings yield of 2.1%. Investment Technology Group ranks third lowest with a forward earnings yield of 2.1%. Greenhill follows with a forward earnings yield of 2.7%, and SWS Group rounds out the bottom five with a forward earnings yield of 2.8%. SmarTrend recommended that subscribers consider buying shares of SWS Group on November 27th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.87. Since that recommendation, shares of SWS Group have risen 21.1%. We continue to monitor SWS Group 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 |