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Shares of Iron Mountain Rank the Lowest in Terms of Forward Earnings Yield in the Diversified Support Services Industry (IRM, HCSG, CPRT, MINI, RBA)Apr 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Diversified Support Services 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.Iron Mountain ranks lowest with a forward earnings yield of 3.2%. Following is Healthcare Services with a forward earnings yield of 3.5%. Copart ranks third lowest with a forward earnings yield of 4.6%. Mobile Mini follows with a forward earnings yield of 4.6%, and Ritchie Bros Auctioneers rounds out the bottom five with a forward earnings yield of 4.8%. SmarTrend recommended that subscribers consider buying shares of Iron Mountain on January 17th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $33.74. Since that recommendation, shares of Iron Mountain have risen 9.1%. We continue to monitor Iron Mountain 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 |