TMCnet News
Lowest PEG Ratio in the Health Care Technology Industry Detected in Shares of Allscripts Healthcare Solutions (MDRX, OMCL, CPSI, QSII, MDAS)Jan 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Technology industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better. Allscripts Healthcare Solutions ranks lowest with a a PEG ratio of 0.95. Omnicell is next with a a PEG ratio of 1.11. Computer Programs & Systems ranks third lowest with a a PEG ratio of 1.32. Quality Systems follows with a a PEG ratio of 1.32, and MedAssets rounds out the bottom five with a a PEG ratio of 1.36. SmarTrend recommended that subscribers consider buying shares of MedAssets on January 3rd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $17.77. Since that recommendation, shares of MedAssets have risen 8.6%. We continue to monitor MedAssets 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 |