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Zynex is Among the Companies in the Health Care Equipment Industry With the Highest Forward Earnings Yield (ZYXI, STJ, HOLX, ZMH, COV)
[July 08, 2013]

Zynex is Among the Companies in the Health Care Equipment Industry With the Highest Forward Earnings Yield (ZYXI, STJ, HOLX, ZMH, COV)


Jul 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Equipment industry with the highest 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.Zynex ranks highest with a forward earnings yield of 16.7%. Following is St Jude Medical with a forward earnings yield of 8.0%. Hologic ranks third highest with a forward earnings yield of 7.9%.



Zimmer follows with a forward earnings yield of 7.5%, and Covidien rounds out the top five with a forward earnings yield of 7.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Covidien on April 26th, 2013 by issuing a Downtrend alert when the shares were trading at $63.43. Since that call, shares of Covidien have fallen 8.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


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