TMCNet:  Highest P/E Ratio in the Computer Storage & Peripherals Industry Detected in Shares of Xyratex (XRTX, SNDK, NTAP, DTLK, SYNA)

[July 10, 2013]

Highest P/E Ratio in the Computer Storage & Peripherals Industry Detected in Shares of Xyratex (XRTX, SNDK, NTAP, DTLK, SYNA)

Jul 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Storage & Peripherals industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Xyratex ranks highest with a a P/E ratio of 78.07. Following is SanDisk with a a P/E ratio of 31.30. NetApp ranks third highest with a a P/E ratio of 29.32.


Datalink follows with a a P/E ratio of 20.85, and Synaptics rounds out the top five with a a P/E ratio of 20.47.

SmarTrend recommended that subscribers consider buying shares of Xyratex on January 15th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $9.37. Since that recommendation, shares of Xyratex have risen 15.5%. We continue to monitor Xyratex 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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