TMCNet:  Relatively Low Forward Earnings Yield Detected in Shares of Fastenal in the Trading Companies & Distributors Industry (FAST, WSO, GWW, HEES, BECN)

[January 24, 2013]

Relatively Low Forward Earnings Yield Detected in Shares of Fastenal in the Trading Companies & Distributors Industry (FAST, WSO, GWW, HEES, BECN)

Jan 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Trading Companies & Distributors 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.Fastenal ranks lowest with a forward earnings yield of 3.4%. Watsco is next with a forward earnings yield of 4.1%. WW Grainger ranks third lowest with a forward earnings yield of 5.1%.


H&E Equipment Services follows with a forward earnings yield of 5.1%, and Beacon Roofing Supply rounds out the bottom five with a forward earnings yield of 5.1%.

SmarTrend recommended that subscribers consider buying shares of Beacon Roofing Supply on December 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $32.85. Since that recommendation, shares of Beacon Roofing Supply have risen 9.7%. We continue to monitor Beacon Roofing Supply 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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